While the upside is obvious, too often people jump in without being prepared for the effort and time involved in running a successful Airbnb operation.
The tax office has just sent out the message that it will focus on income made from peer-to-peer car sharing but the so-called "crackdown" actually benefits those renting their car out when it is not in use.
Imagine a world where you didn't own "stuff", but instead chose to rent or share everything with your community: your car, kitchen utensils, and even pets.
Looking to make some extra cash in 2018? One in five Aussie adults are turning to share economy platforms including Uber and OpenShed to make extra money.
Airbnb has been one of the success stories of the sharing economy, but it poses a challenge when it comes to tax obligations. Here's what you need to know.
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