The Australian Taxation Office (ATO) has issued a notice on the new reporting regime for sharing economy platforms.
---
New reporting regime for sharing economy platforms
Do you have clients whose business connects customers with people who provide services or hire personal assets through a website or an app? If so, they're operating in the sharing economy.
The Sharing Economy Reporting Regime (SERR) is a new reporting requirement for sharing economy platforms.
Under SERR, platforms ne…