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Andrew L.
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Andrew L.

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question
Q: I am employed full time and paid a salary.

On the weekend, I have been paid for photography services that I have provided. I have received $4000 so far.

How do I need to report this to the ATO? At the end of the financial year add this money to my annual income?

If so, is the tax rate 35%? Can I claim all expenses as tax deductible such as, travel, equipment etc.

Thanks