thank you and all the team for making this site, you are so right, it is a great site to talk about almost anything without all the drama.
1 Like
No, only on profit. Track your expenses. If they exceed your revenue, there is no tax.
You need to report the income, but also include your expenses. If your expenses exceed your income there would be no tax. You need to show both income and expenses.
Sorry I probably over complicated the topic in my earlier post.
2 Likes
No it is alright, I just wanted to make sure that I was tracking the right things.