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Tax and You (82) Rental income and End of Financial Year advice

Mr. Trinh Huu Loc

Mr. Trinh Huu Loc Source: SBS Vietnamese

The sharing economy connects buyers (users) and sellers (providers) through a facilitator who usually operates an app or a website.


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By Lê Tâm

Source: SBS



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The sharing economy connects buyers (users) and sellers (providers) through a facilitator who usually operates an app or a website.


Popular sharing economy services include:

·renting out a room or a whole house or unit for a short-time basis, for example Airbnb and Stayz

·providing 'ride-sourcing' services for a fare (considered to be taxi travel) such as Uber and GoCatch

·providing personal services, including creative or professional services like graphic design, creating websites, or odd jobs like deliveries and furniture assembly, like Airtasker and Mad Paws

·renting out a car parking space, for example Parkhound and Spacer.

 


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