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Thread: ATO and EBAY

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  1. #1
    Super Moderator Absinth's Avatar
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    Only $20,000 and over???? Still be a lot of small Ebay businesses flying under the radar.... unless they intend catching them later...

    Fortunately small profits from a HOBBY are not classed as income and therefor not taxable..
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  2. #2
    Night Rider Blocker's Avatar
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    Just run multiple ebay accounts.

  3. #3
    Certifiable ozbox's Avatar
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    Quote Originally Posted by Blocker View Post
    Just run multiple ebay accounts.
    read the email they sent me correctly..

  4. #4
    Certifiable ozbox's Avatar
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    Quote Originally Posted by Absinth View Post
    Only $20,000 and over???? Still be a lot of small Ebay businesses flying under the radar.... unless they intend catching them later...

    Fortunately small profits from a HOBBY are not classed as income and therefor not taxable..
    if you read into this it is going to be up to you the ebayer to prove that you are not a business/part time/hobby money making machine..

    there was an article about this a couple of years back and now its here..:eek:

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