Hobby Businesses

When you’re just starting out in business it can be confusing knowing what’s required of you when it comes to tax. But even with a hobby business/side-hustle – there are some requirements you need to be aware of.  

Generally speaking, if you want to claim the expenses of starting your business, you will need to include these in your tax return the year you paid them. This applies even if you did not earn any, or much money in your business.  

Ready to submit your tax return?

You can now submit your tax return directly via our website, AND submit all your details.

We’ve always aimed to make life easier for you, and this year was a big leap forward! 

Balance Tax Accountants has been making tax stress a thing of the past since 2015.

It’s how we roll, baby.
It ain’t gonna change!

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0430 446 507

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PO Box 576, Balcatta WA 6914 Australia

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