Are you running a TCG rip & ship or selling collectibles online? Is it just a hobby, or could the ATO classify it as a business? 🤔
In this video, we dive into the crucial differences between a hobby and a business, as defined by the Australian Taxation Office (ATO). We break down:
✅ What makes a business vs. a hobby.
✅ Tax implications for each.
Whether you're ripping packs for fun or building a full-scale TCG operation, knowing the rules can save you from surprises down the road.
💡 Disclaimer: This video is for informational purposes only and does not constitute financial or legal advice. Always consult a professional for your specific circumstances.
#TCG #RipAndShip #BusinessVsHobby #ATO #CardCollecting
