We have moved - but just up the street to 38 Chapel Street and our new hours are

Monday 0930 to 1730
Friday 0930 to 1730
Saturday 0930 to 1230

We are available for consultation and site visits at these times- other times by appointment by email (robin@soladome.com.au)

After 35 years at 44 Chapel Street it was time for a change to a web based operation and to offer guidance based on many years of practical experience.

 

 

Hobby Aquaculture

Hobby means an activity you carry out for relaxation and enjoyment - even the taxman does not tax the benefits of a hobby - so long as the activity remains a hobby - a not-for-profit activity.

Aquaculture makes a great hobby and some times a hobby can recover some of its costs.

However hobby means an activity you carry out for relaxation and enjoyment - even the taxman does not tax the benefits of a hobby - so long as it remains a hobby - a not for profit activity.

If you happen to swap some animals for some feed or other animals but do not actively seek to sell the fruits of your 'hobby' then it is unlikely that you could be taxed as you are not running an activity for financial reward.

By all means use your hobby to gain valuable experience and see if you really want the committment and risks of a full time Aquaculture business. Generally in Aquaculture it is difficult to convert the hobby status into a viable commercial activity without major investment.