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Thread: Tax on hobby income

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    Site Caretaker Dave A's Avatar
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    Tax on hobby income

    At what point does a hobby turn into a business?

    I know that if you happen to make the odd buck from a hobby, SARS is not interested as it would open the door to claiming all those expenses. But sometimes that hobby income can grow to a reasonable nett income.

    At what point would SARS decide you now need to declare hobby income as taxable income?
    The trouble with opportunity is it normally comes dressed up as work.

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    I remember asking the same question. The answer was that the small business rule applies. I cannot remember the amounts so please just contact SARS and ask them what the minimal taxable amount for a small business is. Also to keep yourself out of trouble I recommend you pay in voluntary TAX thus avoiding any nasty comebacks from SARS...

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