This course is designed to help short-term accommodation providers understand their tax obligations and ensure compliance with ATO regulations. Participants will learn about the key tax considerations for short-term rentals, the implications of income tax and GST, and strategies for accurate record-keeping and reporting.

The course covers essential topics such as the difference between short-term and long-term rental income, the requirements for GST registration, and the impact of rental income on superannuation contributions. By the end of the course, participants will be equipped with the knowledge and tools to manage their tax responsibilities effectively and avoid common pitfalls.

Topics List

• Introduction to the Sharing Economy
• Key Tax Obligations for Short-Term Accommodation Providers
• Income Tax and GST Implications
• Record-Keeping and Reporting Best Practices
• Superannuation and Rental Income
• Compliance and Avoiding Tax Issues