05 January 2018
Are you one of the many Australian business owners that will earn additional income through the sharing economy this summer? If so, you may have tax obligations.
Growing rapidly and common all year round, sharing economy activity tends to particularly ramp up during the summer holiday season. Some of these activities include:
Your tax obligations associated with each will vary depending on your activity, and in many cases be additional to what you already do as a small business owner. Some things to consider include:
Remember, registered tax agents and BAS agents can help you with tax advice.
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