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Luke Chemies

๐Ÿ‘ค Speaker
506 total appearances

Appearances Over Time

Podcast Appearances

Keep The Change
MM 313 - Do You Have To Pay Tax On A 'Hobby'?

And the cord of the headphones starts rubbing on the cord of zip.

Keep The Change
MM 313 - Do You Have To Pay Tax On A 'Hobby'?

And I thought, okay, I need to stop and start again because I know that it frustrates me when I'm trying to record because I can hear that happening and sometimes the microphone can pick it up too.

Keep The Change
MM 313 - Do You Have To Pay Tax On A 'Hobby'?

Why do I tell you that?

Keep The Change
MM 313 - Do You Have To Pay Tax On A 'Hobby'?

These are the little things that you learn by doing shit and by doing the reps.

Keep The Change
MM 313 - Do You Have To Pay Tax On A 'Hobby'?

And

Keep The Change
MM 313 - Do You Have To Pay Tax On A 'Hobby'?

The only way that you're going to get a whole heap of lessons that you will need later in your life and that you will look back on will be because of the reps that you choose to do.

Keep The Change
MM 313 - Do You Have To Pay Tax On A 'Hobby'?

Now this is the value of experience and doing things and where I believe the money is going to flow to in the future.

Keep The Change
MM 313 - Do You Have To Pay Tax On A 'Hobby'?

As much as people are worried about AI,

Keep The Change
MM 313 - Do You Have To Pay Tax On A 'Hobby'?

I believe that the people that have done things and that have experience doing things will continue to be highly valuable because people will confuse themselves with all this information and then go, shit, I don't know.

Keep The Change
MM 313 - Do You Have To Pay Tax On A 'Hobby'?

I can't figure this out.

Keep The Change
MM 313 - Do You Have To Pay Tax On A 'Hobby'?

I'm just going to ask a person who's actually done it.

Keep The Change
MM 313 - Do You Have To Pay Tax On A 'Hobby'?

And that's a concept, who not how, that's been really helpful in my life and I think will play out massively as AI becomes more of our everyday life.

Keep The Change
MM 313 - Do You Have To Pay Tax On A 'Hobby'?

So encouragement there, do the reps and make the mistakes.

Keep The Change
MM 313 - Do You Have To Pay Tax On A 'Hobby'?

The reason I know to take the quarter zip sweater off

Keep The Change
MM 313 - Do You Have To Pay Tax On A 'Hobby'?

is because I've recorded many episodes wearing it or enough to then record and go listen back and go oh shit I probably shouldn't have worn that that's that's annoying but again you don't know everything until you start to make some of the mistakes so mistakes are good let's get into it I was a little bit worried about writing this one as to am I going to get bombarded by people's questions but so far not too many but I will run you through a couple of the questions at the end of it

Keep The Change
MM 313 - Do You Have To Pay Tax On A 'Hobby'?

It is, do you have to pay tax on a hobby?

Keep The Change
MM 313 - Do You Have To Pay Tax On A 'Hobby'?

Now, it's the age-old gray area of whether you need to pay tax on that little bit of extra cash that you are making.

Keep The Change
MM 313 - Do You Have To Pay Tax On A 'Hobby'?

And more and more people are out there wanting to make some more cash.

Keep The Change
MM 313 - Do You Have To Pay Tax On A 'Hobby'?

Now,

Keep The Change
MM 313 - Do You Have To Pay Tax On A 'Hobby'?

I will try and cover this well over 30 minutes, but everything becomes nuanced based on your situation.