Tax in australia for adsense

I have an adsense site generating income and I live in Australia. Do I need to pay tax on my earnings?

 

Technically! No, because you are providing an exported service. Therefore, it should be tax exempt (I checked this with my accountant).

Col

 

Dude I wouldn't be giving that as financial advice.

 

hmm I will have to talk to a account to comfirm but if that is the case it would be fantastic

 

if you are making under $6000 /pa off adsense you dont need to pay any tax at all apparently...

 

sorry but 6000 /pa is does pa mean per year?

 

from what i understand:

the first $6,000 has 0% income tax, but you still need to declare it in in your tax return. its another issue whether your website is business or hobby. if its a business then not only do you add it to your income, you may also claim expenses of your website, such as domain & hosting fees, even portions of your computer costs.

if the income from your website is foreign, the only exemption is from GST, that's if youre registered for GST. you dont need to register for GST if income is less than $50,000.

The ATO is quite helpful if you call them. www.ato.gov.au

 

personally I havnt worried about it as I earn peanuts.

but if you are one of those publishers earning real $$ (getting a payout per month) contact someone who knows about this stuff

 

yea it means per year. per anium (I cant spell for shit.)

 

Email Darren Rowse at problogger.net. He's an aussie.