I'm not an accountant but I do have a YouTube income ... and what I've been told is that it's taxable income. I think you'd have a hard time explaining to the ATO that your hobby earns you more than 10k each year.
What's your channel?
Hi Guys,
Up for grabs is a 1/2 Oz ABC GOLD bar that I'm selling at SPOT.
Can do F2F in Sydney, or post if you're willing to pay the costs.
Cheers,
Sammy