'Side hustles' take centre stage in tax advisory this year

As tax time approaches, anyone with a side hustle has been put on notice. Source: AAP

A growing number of people in Australia are looking for new ways to make money as the cost of living pressures intensify. A side hustle is a term used to describe a piece of work or a job that one gets paid for doing in addition to the main job. As tax time approaches, the tax office has warned people with side hustles, closely looking at those who under-report their income. What are the things to look out for this tax season?

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