Tax office puts Airbnb owners on notice amid tax crackdown

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The crackdown could see prices rise for all of us.

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The crackdown is aimed at the millions of Australians earning cash through the gig economy, many of whom the ATO suspects aren’t paying their fair share of tax.

“We believe that some people using sharing economy platforms are failing to report their income, either on purpose or because they assume their level of activity constitutes a hobby and doesn’t require reporting,” the“Our focus is to ensure that people renting a room, their home while they’re away or an investment property through web or app based platforms in the sharing economy understand their obligations.

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