An enterprise includes a business as well as:

  • commercial activities
  • activities of entities such as charities
  • deductible gift recipients
  • religious and government organisations
  • certain non-profit organisations.

It doesn’t include:

  • private recreational pursuits and hobbies
  • activities carried on as an employee, labour-hire worker, director or office holder
  • activities carried on by individuals (other than trustees of charitable funds) or partnerships (all or most of the partners are individuals) without a reasonable expectation of profit.

See also:

  • MT 2006/1The New Tax System: the meaning of entity carrying on an enterprise for the purposes of entitlement to an Australian business number