The ‘gigs up’ with a new sharing economy reporting regime

Economy, Gig Economy, Taxation, Working from Home / By

Treasury has released draft legislation introducing the long-awaited third party reporting regime (proposed to apply from 1 July 2022). The new regime will initially require ride-sharing and short term accommodation online platform operators to report transactions they facilitate directly to the ATO. This measure was first announced in the 2020 MYEFO (following a recommendation from …

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