Sanjiv Is a Resident and Works Full Time in an Office

Sanjiv is a resident and works full time in an office as an administrator. On weekends from April 2020 he began using his own car as a ride-share operator with Guber. Sanjiv has come to you for tax advice as he thinks his income from Guber is not taxable as he enjoys driving and to him the activity is a hobby. What would you advise him?

A) Sanjiv is mistaken as ridesharing is not a hobby and is treated as a business but he will not need to register for GST or keep proper records and can simply estimate his income at the end of the tax year
B) Sanjiv is mistaken as ridesharing is not a hobby and is treated as a business and he will need to register for GST and keep proper records
C) Sanjiv is correct as whether a business or a hobby is being conducted is a matter is decided entirely by the taxpayer
D) Sanjiv is correct that the ridesharing is simply a hobby and so he will not need to register for GST but he should keep proper records