
05/08/2025
Are you a partner in a partnership? You might be missing a key tax step.
Maybe you’ve kicked off a passion project — a band, creative venture, or side hustle — with a mate or two. You’ve registered a partnership ABN, got a TFN, and things are humming along. But here’s the thing: even if you’re not making a profit, that partnership needs to lodge a tax return.
And so do you—properly.