australia

Australia introduces Sharing Economy Reporting Regime from 1 July 2023

February 27, 2023 in Ecommerce Tips

Australia introduces Sharing Economy Reporting Regime from 1 July 2023

Platform operators within the scope of the reporting obligations will need to start reporting eligible supplies made through their interface by sellers. First taxi services and short-term accommodation will become reportable form 1 July 2023 before the scope of the reporting regime extends to all other reportable supplies made from 1 July 2024. The Australian government is introducing this reporting regime to get transparency on the sharing economy and ultimately improve tax compliance in Australia.

Recent posts

man shopping on mobile phone in front of shop window display with "black friday sale"
September 21, 2023
5 Things to Consider When Shipping Into The EU
Read More
DAC7 Digital Marketplace
August 1, 2023
Everything you need to know about DAC7 [FAQs]
Read More

Not sure where to begin?

Schedule a call with one of our VAT experts today