• Providing goods and services across multiple websites or apps

    You also need to consider how all your sharing economy activities added together impact your tax obligations.

    If you are registered for GST because you are already carrying on an enterprise you must account for GST on all the sharing economy goods and services you provide that are subject to GST. For example, if you have an enterprise that provides ride-sourcing services, and have to get an ABN and register for GST regardless of your turnover, you would also have to account for GST on a car park you rented out.

    If you are providing goods and services across multiple websites or apps, or through other enterprises outside of the sharing economy, you need to get an ABN and register for GST when your total turnover for all of your activities together is, or is expected to be, $75,000 or more per year. When working out your turnover, you can exclude income from renting out a room or your whole house or residential unit.

    See also:

      Last modified: 17 Feb 2017QC 45171