Advice on 'doing it part time.'

[Mike]

Hi all
I was interested in starting to do some work to ‘throw out there’ to the World. I never have before, only doing work for myself, friends etc.

Initially, I want to work in the evenings (I work full time) and see how I go. In an ideal world the ultimate goal would be to get into a position where you can earn enough yo work part time rather than full, and support a family too. But baby steps, the first goal is to just make some pocket money!

So wondering if anyone has just started along these lines, would they have any advice for those in my position? I guess my main fear -aside from failure like us all (!), is getting it right in regard to tax! What is the best way to start on a small level, best places to put your work out initially, and what is the best approach to the tax side….don’t worry about it until you have sales, or see the tax dept first ?

[Ruby Purple Creations]

Hi Mike
Suggest getting in touch with the Tax Dept, I know in Qld they run free information sessions for small business & those interested in becoming a small business. One of these sessions would answer many of your questions.
Good luck!
Ruby

[traceyleedawes]

Hi Mike –

Yeah, the ATO is and organisation you want to stay on the right side of LOL! I would just contact them and explain exactly what your intentions are. Either that, or put aside a % of any earnings from your art in preparation for a tax bill when you declare your ‘income from a second job’. Best of luck – let’s hope you’re making the majority of your income from sales sooner rather than later :) Trace

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