Side hustles in the ATO’s sights
ATO pursuing more forms of income as tax A recent ATO article highlights the fact that it is increasingly trying to bring more modern techniques of money-making into its tax net. ‘Side hustles’ have really grown over the past few years — everything from the gig economy and drop shippers to content creators and influencers. […]
New ‘gig’ economy reporting
Mid-Year Economic and Fiscal Outlook The MYEFO announced the Government’s intention to implement a new third party reporting regime for the sharing economy. Treasury released its Mid-Year Economic and Fiscal Outlook (‘MYEFO’) for 2019/20 forecasting a surplus of approximately $5 billion. The new reporting regime will apply to businesses who operate via online platforms within […]
Fair Work Commission unfair dismissal case
The case of the Uber driver not an ’employee’ Although this was not a tax case, it may be of interest to anyone involved in the ‘gig economy’, with flow-on implications for other employment issues, such as super guarantee. In a recent case, an Uber driver’s access to the Uber app had been terminated as a result of […]
