Essential knowledge for accountants working with clients in the sharing economy
This comprehensive course covers everything you need to know about the tax treatment of income earned through sharing economy platforms such as Uber, Airbnb, and AirTasker. You'll learn about the ATO's clear stance on the tax treatment of this income, as well as the penalties and legal actions that can result from noncompliance.
In addition to the basics, this course delves into more complex topics, such as the challenges faced by accountants in the sharing economy, the impact of COVID-19 on the sharing economy, and the determination of employee vs. independent contractor status. You'll also learn about the capital gains tax rules in the sharing economy, including the timing of asset sales and the tax implications of acquiring or disposing of assets overseas. With the rise of the sharing economy, understanding your tax obligations is more important than ever.
By the end of this course, you'll have the knowledge and tools necessary to comply with tax regulations and make informed investment decisions. This course is perfect for individuals and businesses in the sharing economy, as well as accountants who work with clients in this space.
Join now to ensure that you're on the right side of the law and maximize your earnings while minimizing your tax liability!
Accountant | AHS Hospitality
Vineet Bedi is an experienced Financial Accountant with expertise in corporate accounting, financial regulations, and accounting standards. He has worked with AHS Hospitality and Wesley Mission Victoria in Australia, as well as multinational company Loscam Limited. Vineet has extensive knowledge of ERP systems, including Microsoft AX Dynamics 09, Landmark Window Release 6.21.4, and QuickBooks Premier. His responsibilities include preparing statutory accounts, corporate and board reporting, audit files, budgets and forecasting, and variance analysis. Vineet also liaises with stakeholders, banks, external auditors, and government funding bodies.
Podcast Host | LearnFormula
Sports commentator and TV host. Winner of 2018 and 2020 Asian Television Awards (Asian Emmy) for Best Sports Presenter / Commentator. Host and commentator of One Championship, Asia's largest sports media property, broadcast to 154+ countries, Nielsen rated 80+million viewers, Tubular analysis 5.4bn social media views (fourth highest in the world). Olympic Games commentator. Commonwealth Games commentator. FIFA World Cup correspondent. Victoria Premier League Soccer (football) commentator FUTSAL OZ Series Commentator Former host and commentator on AXS TV Network USA. Host of CableFax Award-nominated interview show 'The Voice Versus'. Best-selling author and award-winning writer. Radio host. Commentated on networks including Amazon Prime, BeInSport, NBC, CBS, SyFy, Canal+, Spike, EuroSport, ABS-CBN, Star Sports Select, Fox Sports, Fox 8, Sky, TVNZ, Thairath 32, TV3, Main Event. College Lecturer and public speaker.
