【A Married Woman Next Door Who Raises Three Waters (2019)】
Even the taxman has the internet,A Married Woman Next Door Who Raises Three Waters (2019) so it's best not to hide all that cash you earned on Airbnb.
To help hosts figure out the confusing world of taxation, Airbnb has teamed up with accountanting firm H&R Block in Australia. As well as discounted services, H&R Block will offer users of the home and room rental service educational materials and tips for ensuring their taxes are done right.
Announced in November, and first reported by Fairfax MediaMonday, the Australian program follows a similar initiative in the U.S. that began in January.
You May Also Like
SEE ALSO: Airbnb ad touts new anti-discrimination pledge
H&R Block wasn't able to share the details of the Australian discount with Mashable. In the U.S., however, H&R Block offered a $20 discount on in-person tax preparation and a 35 percent discount on online tax preparation services.
"Airbnb hosts are overwhelmingly everyday Australians who want to pay their fair share of tax, and we want to help," Sam McDonagh, Airbnb Australia country manager, said in a statement emailed to Mashable.
"We're thrilled to partner with H&R Block to make it easier for hosts to pay their taxes and contribute to their communities -- an important part of our ongoing work to support hosts and make communities stronger and more sustainable."
In May 2015, the Australian Tax Office (ATO) issued guidelines about how it would treat income earned via the so-called sharing economy.
"They are now looking quite hard at people earning income from sites like Airbnb and Uber."
Uber drivers weren't happy with the results -- they had to register for a 10 percent Goods and Services Tax (GST) -- but Airbnb did a little better.
Hosts don't have to register for the GST, but they are required to declare what they earn as assessable income on their tax return. There are also a myriad of rules about deductions, and potentially, capital gains tax if you sell a home you rented out on Airbnb.
Mark Chapman, director of tax communications at H&R Block, warned the ATO could easily track down those with rooms or homes on the service.
"They are now looking quite hard at people earning income from sites like Airbnb and Uber. They have the power to go to properties to check them out and they can also match tax returns to public listings on Airbnb," he told Fairfax Media.
While the tax situation of hosts is relatively clear, the actual legality of renting out a home on Airbnb varies state to state and council to council.
In October, a New South Wales government inquiry recommended the service be only lightly regulated in the state, although critics have suggested not enough is known about the impact of Airbnb on Sydney's rental costs and availability.
Topics Airbnb
Search
Categories
Latest Posts
Staff Picks: James Hoff, Blanche McCrary Boyd, and More
2025-06-26 17:20The Morning News Roundup for December 11, 2014
2025-06-26 17:17Whatever Happened to R&B Groups?
2025-06-26 16:49Philips now allows customers to 3D print replacement parts
2025-06-26 15:35Popular Posts
Skywatching is lit in May, says NASA
2025-06-26 17:04A History of Pieing from a Veteran Mischief
2025-06-26 16:40All the News Not Fit to Print
2025-06-26 16:34Growing Up Nostalgic
2025-06-26 16:19Should You Quit Your Job To Go Make Video Games?
2025-06-26 16:16Featured Posts
Today's Hurdle hints and answers for April 17, 2025
2025-06-26 16:52Love in a Cold Climate by Sadie Stein
2025-06-26 16:41The Other Side of Face
2025-06-26 16:00How to Build a Better Time Capsule
2025-06-26 15:54NYT mini crossword answers for May 9, 2025
2025-06-26 15:40Popular Articles
Jane Freilicher, 1924–2014
2025-06-26 17:17Can You Read About New York in the 1920s Without Nostalgia?
2025-06-26 16:50Characters Get Together by Sadie Stein
2025-06-26 16:12NYT Strands hints, answers for April 26
2025-06-26 16:03Newsletter
Subscribe to our newsletter for the latest updates.
Comments (1569)
Unique Information Network
'Severance' puts a spin on the Orpheus and Eurydice myth in its Season 2 finale
2025-06-26 17:39Exploration Information Network
Characters Get Together by Sadie Stein
2025-06-26 17:07Happiness Information Network
What Does “Dickensian“ Really Mean, Anyway?
2025-06-26 16:53Style Information Network
The Morning News Roundup for December 18, 2014
2025-06-26 16:50Unique Information Network
One of Android's Easter Eggs is a Flappy Bird
2025-06-26 16:06