In recent years, platforms like OnlyFans have created new income streams for digital content creators. But with new opportunities come new responsibilities, particularly when it comes to tax. If you’re earning money on OnlyFans, you might be wondering: what exactly do I need to declare to the Australian Taxation Office (ATO)? Here’s a straightforward guide to understanding what counts as taxable income from OnlyFans and how to stay on the right side of your tax obligations.

Do I need to declare OnlyFans income in Australia?

Yes, absolutely. In Australia, any money earned from OnlyFans is considered assessable income and must be declared when you lodge your tax return. It doesn’t matter whether your earnings are occasional or regular, or whether they’re paid into your personal or business account, the ATO views all of it as income that needs to be reported. Even if you’re just starting out or treating your content creation as a side hustle, you still have an obligation to declare those earnings. The ATO is paying closer attention to digital platforms, and it’s crucial to be proactive in reporting your income correctly.

What types of income from OnlyFans are considered taxable?

Many OnlyFans creators earn money in more ways than just subscriptions. All of these revenue streams are generally considered taxable:

• Subscription fees – The regular monthly payments from followers count as taxable income.
• Tips and donations – Even if these are called “gifts” on the platform, the ATO typically considers them income.
• Pay-per-view content – Any income from one-off content purchases must also be reported.
• Affiliate earnings or sponsorship deals – Money earned from brand partnerships or affiliate programs is also taxable.
  

Essentially, if you’re receiving money in exchange for content or promotional value, it’s taxable. It’s important to maintain accurate records of all transactions, even if the payments come through international platforms or digital wallets.

Can I claim tax deductions as an OnlyFans creator?

Yes, you can reduce your taxable income by claiming legitimate business-related expenses. The key is that the expense must be directly related to earning your OnlyFans income. Some common deductions include:

• Equipment – Items like cameras, tripods, lighting, and backdrops used in content production.
• Software and subscriptions – Editing tools, cloud storage, and platform fees.
• Internet and phone bills – A portion of these can be claimed based on business usage.
• Home office expenses – If you work from home, part of your rent, electricity, or cleaning costs may be deductible.
• Professional services – Fees paid to accountants, graphic designers, or legal advisors.

Keep detailed receipts and, where possible, separate business and personal purchases. Accurate records will make your life easier at tax time, and reduce the risk of disputes with the ATO. For help keeping your books in order, consider our bookkeeping services.

How do I report my OnlyFans income to the ATO?

OnlyFans creators typically operate as sole traders, though higher earners may consider forming a company or trust. As a sole trader, you’ll include your OnlyFans earnings as part of your individual tax return.

You may also need to:

• Register for an Australian Business Number (ABN) – Required if you’re running a business or earning over the hobby threshold.
• Register for GST – If you earn over $75,000 per year from your OnlyFans activities, you must register and charge GST on Australian-based subscribers.
• Submit a BAS (Business Activity Statement) – If registered for GST, you’ll need to lodge a BAS regularly.
  

It’s wise to set aside money for tax throughout the year so you’re not caught off guard come tax time. Our small business accounting services can help you set this up properly from the start.

What happens if I don’t declare my OnlyFans earnings?

Failing to declare your OnlyFans income can lead to serious consequences. The ATO has data-matching tools and may receive information from financial institutions or platforms to identify undeclared income. If you’re caught, you may face:

• Penalties and interest on unpaid tax
• Audits and reviews
• Potential legal consequences for tax evasion

Even if it feels like a grey area, the law is clear, income from digital platforms is subject to tax. It’s always better to be upfront and compliant.

When should I speak to an accountant about my OnlyFans income?

If you’re earning consistently, unsure about GST, or not confident in handling deductions, it’s time to talk to a tax professional. An experienced accountant can help you:

• Set up the right business structure
• Maximise deductions
• Avoid costly mistakes
• Stay compliant with the ATO

At National Accounts, we’ve helped many digital entrepreneurs navigate their tax responsibilities. Our tax return services are tailored to content creators and small business owners alike.

Ready to get professional support?

Navigating the tax world as an OnlyFans creator doesn’t have to be overwhelming. With the right advice and structure, you can stay compliant and keep more of what you earn. For personalised accounting support, contact National Accounts today. We’re here to help you build a business that’s both profitable and tax-smart.