work to increase awareness of tax obligations among the 10.8 million Australians operating in the sharing economy.
Airbnb head of public policy for Australia and New Zealand Brent Thomas said the information was given to the ATO due to complexities in the tax system, and to make it easier for hosts to use the platform."Our challenging and difficult-to-navigate tax system can act as a barrier to ordinary Australians using their homes to supplement their income," he said.
"I don't see it as a crackdown," he said. "Airbnb is doing everything it can to make sure everyone is aware of their obligations. They have been very clear that they are disclosing figures to the ATO." A spokesperson for the ATO said the tax office launched its data-matching program to identify taxpayers receiving income from short term rentals in August last year.
carawaters You’d be pretty dumb if you didn’t declare your Airbnb . That’s a no brainer for the tax office .
carawaters Good!
carawaters Now: Will airbnb_au and mob share data with all NSW Local Councils so illegal listings can be removed and operators advertising non-approved properties prosecuted!
carawaters Saving their own asses & tossing the shumucks under the tax bus ters.
carawaters Oh well... I'm sure that won't make the prices go up. Australian government stealing people's money again.
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