Extra Income

Actionable ideas and practical guides to earn additional income, side hustles, and smart money habits.

Freelancing on the Side in Australia: Invoicing, GST, and Superannuation

Freelancing on the Side in Australia: Invoicing, GST, and Superannuation

Master the administrative side of freelancing in Australia. Learn how the $75,000 GST threshold works, how to format compliant regular and tax invoices, and how to manage superannuation while running a secondary income stream.

Peer-to-Peer Car Sharing in Australia: Is Renting Your Car Worth It?

Peer-to-Peer Car Sharing in Australia: Is Renting Your Car Worth It?

Evaluate the true earning potential of car sharing income in Australia. We break down platform fees, ATO tax rules, insurance pitfalls, and vehicle depreciation to determine if renting your car is genuinely profitable.

How to Run a Weekend Market Stall in Australia: Permits, Insurance, and Costs

How to Run a Weekend Market Stall in Australia: Permits, Insurance, and Costs

Planning a market stall business in Australia? Discover essential requirements including public liability insurance, local council permits, typical stallholder fees, and mobile point-of-sale setups to ensure a compliant and profitable weekend trade.

Renting Out a Spare Room on Flatmates or Airbnb: Australian Tax Rules

Renting Out a Spare Room on Flatmates or Airbnb: Australian Tax Rules

Renting out a spare room via Flatmates or Airbnb creates assessable income under Australian tax law. Learn how to apportion household deductions, navigate ATO data matching, and avoid unexpected Capital Gains Tax liabilities when selling your primary residence.

How to Start a Side Hustle in Australia: ATO Tax and ABN Rules

How to Start a Side Hustle in Australia: ATO Tax and ABN Rules

Learn how starting a side hustle in Australia impacts your taxes, whether you need an Australian Business Number (ABN), how marginal tax brackets work, and when to register for GST.