When It Comes To Tax, Is It A Business Or A Hobby?
![](https://nbs.partners/wp-content/uploads/2023/08/NBS-Blog-Thumbnails-1024x731.png)
There are key differences between having a hobby and running a business, and they are mostly to do with your tax, insurance and legal obligations. It’s important to understand the characteristics of businesses and hobbies to ensure you correctly determine your activities. Are You In Business? While there is no single, defining factor that determines […]