tax free income and CCR

[Arimeh]

It could well be a hobby if you fall under the threshold, but I'm pretty sure all income needs to be told to centrelink.

[Muppity]

This is from the ATO website...

I'm pretty sure that selling tupperware doesn't falling into the hobby category...

How do I know if I?m in business?

There are a number of factors to consider when determining whether you are running a business or a hobby.

Does your activity have a significant commercial character? It?s important to consider whether your activity is carried on for commercial reasons and in a commercially viable manner.
Is there more than just an intention to engage in business? You need to have made a decision to commence business and have done something about it. If you are still setting up or preparing to go into business, you might not yet have commenced business.
Do you have the purpose of profit as well as the prospect of profit? Do you intend to make a profit or genuinely believe that you will make a profit, even if you are unlikely to do so in the short term?
Is there repetition and regularity to your activity? Businesses usually repeat similar types of activities, although one-off transactions can constitute a business in some cases.
Is your business similar to other businesses in your industry? Is the way you operate consistent with industry norms or other businesses in your industry?
What is the size, scale or permanency of your activity? Is the size or scale of your activity consistent with other businesses in your industry? Is it sufficient to allow you to make a sustainable profit?
Is your activity planned, organised and carried on in a business-like manner? This can be indicated by business records and books of account, a separate business bank account, business premises, licences or qualifications, and a registered business name.

[briggsy's girl]

party plan doesnt count as income for ftb purposes unless ato thresholds are hit. so no it doesnt count. it DOES have to be declared for income support payments

ccr you have to be working at least 15 hors per week every week. make sure you keep gooooooooood records

ETA - i have sold four diff party plan items at times (love my freebies!) and never had to declare

[2CheekyMonkeys]

thanls BG that is a load off my mind. it was one of the main reasons i decided to go ahead and join up! i wont be doing 15 hours so no ccr for me.

why is it tha party plans dont count for ftb?

[briggsy's girl]

ftb only takes into account income as deemed by ATO - there is a requirement to declare tax free pensions and benefits (like disability or vet affairs pensions) but any taxable income is what is declared by ATO to be income. when it comes to party plan, because you are buying in stock to show, sell off obsolete stuff, have travel, it usually comes to a nil or negative income until you have a certain turnover so is classified as a hobby not a source of employment

with the 15 hours, take into account any time you're contacting customers before you go to parties, processing orders etc - you might hit that point.

i do a partyplan at the moment and they actually have a thing about registering for GST on the site - it goes through all the tax implications - not sure if tupperware has something like that. i know when i first did partyplan 10 odd years ago (i feel so OLD now) and went to the accountant for tax, he asked if i had turnover of more than 25k i think (so stock in stock out sorta thing) and when i said no, he said it's a hobby then so don't worry.