Australian ABN owner seeks correct place on her tax forms to note her sole trader earnings
October 17, 2008 7:30 PM   Subscribe

Where on my Australian tax return do my earnings as a freelance web designer go, and is there any other paperwork I need to fill out because I had an ABN this year?

I'm an Australian resident, have a regular day job, but did some freelance work for a client this year that required me to get an ABN (registered as a sole trader).

I didn't charge her GST (just a single flat total), don't want to claim anything related to my freelance "business", haven't filled out any Business Activity Statements, and don't really know how the whole thing works to be honest. I just want to make the ATO smile on me by the Oct 31 due date and save myself some fines by submitting the right forms with the right information in the right places. Can anyone help?

Do I just include my freelance earnings in my regular tax return somewhere? Do I need to submit something separate to cover my "business"-related stuff? Both?
posted by springbound to Work & Money (3 answers total)
I am not your accountant but...

If you didn't earn more than $75k in ABN invoiced work this past financial year, then you don't charge GST and you don't have to lodge a BAS. Did you register for GST when you got your ABN? If yes, they send you the BAS form to fill out and you can just ring the number on the form to report nil earnings. If you didn't register for GST I don't think you need to do anything.

As for where you put the freelance earnings in your regular tax return, wouldn't have a clue. Good luck! Taxation stuff sucks, that's why I get someone else to do it for me.
posted by mooza at 2:55 PM on October 18, 2008

I'm fairly sure it's personal services income. But you should just call the ATO or at least check the website.
posted by robcorr at 3:30 PM on October 18, 2008

Just noting to add some conclusion to this thread that I wound up going to an accountant and have nooooo idea what he did but, by my calculations, it was worth it!
posted by springbound at 9:47 PM on December 5, 2008

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