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Error: Hobbies claiming GST credits?

Warning from ATO, must read below.
To claim GST credits, you must be in business with an intension to make profit. If you are conducting
irregular activity that generates income but no profit, that is merely your hobby not a business. GST
credits cannot be claimed and need to cancel their GST registration.

To know if you are running a business or its just a hobby, please contact us on 08 9242 3555 or email
admin@businessmantra.com.au

Source: ATO

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