The government’s new tax regime will target people working in the gig economy rather than the platforms themselves.
Uber drivers and Airbnb hosts who avoid paying tax are in the federal government’s sights. Work begins on a new income reporting regime. Treasury will release an industry discussion paper on plans for a mandatory regime. The purpose, to ensure people working in the gig economy pay their fair share of tax.
Major industry players include Uber, Airbnb, Airtasker and delivery services such as Deliveroo and Uber Eats.
The reforms target people who work in the sector rather than the platforms themselves, many of which have overseas domiciles.The assistant minister for treasury, Zed Seselja, says the sharing economy has seen significant growth in Australia.
The consultation paper is available on the Treasury website and submissions close on 22 February.