Tax and your online side hustle
Many people are now looking to make some extra income from a ‘side hustle’. But is it a hobby or a business, and do you need to pay tax?
Xero Activity Statement Reporting – Unfiled GST Amounts
The Xero team has put together a short video describing the addition to the GST Activity Summary report, Unfiled GST Amounts.
Xero have added this feature to pick up the transactions that can sometimes get missed when completing your activity summary due to timing of transactions and coding.