{"id":46796,"date":"2024-10-04T18:33:41","date_gmt":"2024-10-04T07:33:41","guid":{"rendered":"\/\/www.airtasker.com\/blog\/?p=46796"},"modified":"2024-10-09T17:22:25","modified_gmt":"2024-10-09T06:22:25","slug":"tax-reporting-changes","status":"publish","type":"post","link":"https:\/\/www.airtasker.com\/blog\/tax-reporting-changes\/","title":{"rendered":"Tax Reporting Changes: A Guide for Taskers"},"content":{"rendered":"

What is the Sharing Economy Reporting Regime?<\/h2>\n

The Sharing Economy Reporting Regime (SERR) is a third-party reporting regime that requires electronic distribution platforms (like Airtasker) to report information about transactions on their platform to the Australian Tax Office (ATO). <\/span><\/p>\n

The ATO states that SERR is intended to help create a level playing field across industries and provide transparency of the income independent contractors receive through the sharing economy.<\/span><\/p>\n

What do these changes mean for me?<\/h2>\n

The introduction of SERR means that  Airtasker is now required to collect and report certain information to the ATO, including income earned through the platform.  <\/span><\/p>\n

To find out more about what transactions are reportable under the SERR, visit <\/span>the ATO website<\/span><\/a>.<\/span><\/p>\n

What do I need to do?<\/h2>\n

To help us comply with these new obligations, Taskers will be required to complete an easy, 2-step account verification process:<\/span><\/p>\n

    \n
  1. Verify your identity<\/li>\n
  2. Submit your tax information<\/li>\n<\/ol>\n

    How do I verify my account?<\/h3>\n
      \n
    1. Log into your Airtasker account<\/strong>
      \nOpen the Airtasker app or website and log in with your credentials.<\/li>\n
    2. Access settings<\/strong>
      \nClick on your profile picture to open the menu, then select ‘Settings.’<\/li>\n
    3. Select ‘Verify Account’<\/strong>
      \nIn the Settings menu, find and click on ‘Verify Account.’<\/li>\n
    4. Verify your identity<\/strong>
      \nFollow the on-screen instructions to complete the identity verification process.<\/li>\n
    5. Submit your tax information<\/strong>
      \nProvide the necessary tax information as prompted.<\/li>\n
    6. Complete the verification<\/strong>
      \nClick ‘Finish Verifying Your Account’ to finalise the process.<\/li>\n<\/ol>\n

      Verify your account<\/a><\/p>\n

      Note: Although you can continue to make offers and complete tasks if your account is unverified, <\/span>from 30 October 2024, all payouts will be withheld until your account is fully verified. <\/b><\/div>\n

      Questions?<\/h3>\n

      For more information on how to verify your account, please visit the <\/span>Airtasker Help Centre<\/span><\/a>.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

      Recent legislative changes require Airtasker to report to the ATO on earnings made through the platform.<\/p>\n","protected":false},"author":2,"featured_media":46801,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[24],"tags":[],"language":["en-AU"],"class_list":["post-46796","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"yoast_head":"\nTax Reporting Changes: A Guide for Taskers - Airtasker Blog<\/title>\n<meta name=\"description\" content=\"Recent legislative changes require Airtasker to report to the ATO on earnings made through the platform. Read to know more.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.airtasker.com\/blog\/tax-reporting-changes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tax Reporting Changes: A Guide for Taskers - Airtasker Blog\" \/>\n<meta property=\"og:description\" content=\"Recent legislative changes require Airtasker to report to the ATO on earnings made through the platform. Read to know more.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.airtasker.com\/blog\/tax-reporting-changes\/\" \/>\n<meta property=\"og:site_name\" content=\"Airtasker Blog\" \/>\n<meta property=\"article:published_time\" content=\"2024-10-04T07:33:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-10-09T06:22:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/airtasker-seo-wordpress-blog-assets-prod.s3.ap-southeast-2.amazonaws.com\/blog\/wp-content\/uploads\/2024\/10\/23215453\/man-working-from-home.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1101\" \/>\n\t<meta property=\"og:image:height\" content=\"619\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Airtasker\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Airtasker\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Tax Reporting Changes: A Guide for Taskers - Airtasker Blog","description":"Recent legislative changes require Airtasker to report to the ATO on earnings made through the platform. Read to know more.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.airtasker.com\/blog\/tax-reporting-changes\/","og_locale":"en_US","og_type":"article","og_title":"Tax Reporting Changes: A Guide for Taskers - Airtasker Blog","og_description":"Recent legislative changes require Airtasker to report to the ATO on earnings made through the platform. Read to know more.","og_url":"https:\/\/www.airtasker.com\/blog\/tax-reporting-changes\/","og_site_name":"Airtasker Blog","article_published_time":"2024-10-04T07:33:41+00:00","article_modified_time":"2024-10-09T06:22:25+00:00","og_image":[{"width":1101,"height":619,"url":"https:\/\/airtasker-seo-wordpress-blog-assets-prod.s3.ap-southeast-2.amazonaws.com\/blog\/wp-content\/uploads\/2024\/10\/23215453\/man-working-from-home.jpg","type":"image\/jpeg"}],"author":"Airtasker","twitter_misc":{"Written by":"Airtasker","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.airtasker.com\/blog\/tax-reporting-changes\/#article","isPartOf":{"@id":"https:\/\/www.airtasker.com\/blog\/tax-reporting-changes\/"},"author":{"name":"Airtasker","@id":"https:\/\/www.airtasker.com\/blog\/#\/schema\/person\/4a89b450c5ead95207053f4b9f89ac60"},"headline":"Tax Reporting Changes: A Guide for Taskers","datePublished":"2024-10-04T07:33:41+00:00","dateModified":"2024-10-09T06:22:25+00:00","mainEntityOfPage":{"@id":"https:\/\/www.airtasker.com\/blog\/tax-reporting-changes\/"},"wordCount":293,"publisher":{"@id":"https:\/\/www.airtasker.com\/blog\/#organization"},"image":{"@id":"https:\/\/www.airtasker.com\/blog\/tax-reporting-changes\/#primaryimage"},"thumbnailUrl":"https:\/\/airtasker-seo-wordpress-blog-assets-prod.s3.ap-southeast-2.amazonaws.com\/blog\/wp-content\/uploads\/2024\/10\/23215453\/man-working-from-home.jpg","articleSection":["News AU"],"inLanguage":"en-AU"},{"@type":"WebPage","@id":"https:\/\/www.airtasker.com\/blog\/tax-reporting-changes\/","url":"https:\/\/www.airtasker.com\/blog\/tax-reporting-changes\/","name":"Tax Reporting Changes: A Guide for Taskers - Airtasker Blog","isPartOf":{"@id":"https:\/\/www.airtasker.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.airtasker.com\/blog\/tax-reporting-changes\/#primaryimage"},"image":{"@id":"https:\/\/www.airtasker.com\/blog\/tax-reporting-changes\/#primaryimage"},"thumbnailUrl":"https:\/\/airtasker-seo-wordpress-blog-assets-prod.s3.ap-southeast-2.amazonaws.com\/blog\/wp-content\/uploads\/2024\/10\/23215453\/man-working-from-home.jpg","datePublished":"2024-10-04T07:33:41+00:00","dateModified":"2024-10-09T06:22:25+00:00","description":"Recent legislative changes require Airtasker to report to the ATO on earnings made through the platform. Read to know more.","breadcrumb":{"@id":"https:\/\/www.airtasker.com\/blog\/tax-reporting-changes\/#breadcrumb"},"inLanguage":"en-AU","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.airtasker.com\/blog\/tax-reporting-changes\/"]}]},{"@type":"ImageObject","inLanguage":"en-AU","@id":"https:\/\/www.airtasker.com\/blog\/tax-reporting-changes\/#primaryimage","url":"https:\/\/airtasker-seo-wordpress-blog-assets-prod.s3.ap-southeast-2.amazonaws.com\/blog\/wp-content\/uploads\/2024\/10\/23215453\/man-working-from-home.jpg","contentUrl":"https:\/\/airtasker-seo-wordpress-blog-assets-prod.s3.ap-southeast-2.amazonaws.com\/blog\/wp-content\/uploads\/2024\/10\/23215453\/man-working-from-home.jpg","width":1101,"height":619,"caption":"tax reporting changes - man working on his laptop from home."},{"@type":"BreadcrumbList","@id":"https:\/\/www.airtasker.com\/blog\/tax-reporting-changes\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.airtasker.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Tax Reporting Changes: A Guide for Taskers"}]},{"@type":"WebSite","@id":"https:\/\/www.airtasker.com\/blog\/#website","url":"https:\/\/www.airtasker.com\/blog\/","name":"Airtasker","description":"The skills you need to help get more done in your home, garden, office and life.","publisher":{"@id":"https:\/\/www.airtasker.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.airtasker.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-AU"},{"@type":"Organization","@id":"https:\/\/www.airtasker.com\/blog\/#organization","name":"Airtasker","url":"https:\/\/www.airtasker.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-AU","@id":"https:\/\/www.airtasker.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.airtasker.com\/blog\/wp-content\/uploads\/2023\/01\/airtasker-logo.svg","contentUrl":"https:\/\/www.airtasker.com\/blog\/wp-content\/uploads\/2023\/01\/airtasker-logo.svg","width":148,"height":40,"caption":"Airtasker"},"image":{"@id":"https:\/\/www.airtasker.com\/blog\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/www.airtasker.com\/blog\/#\/schema\/person\/4a89b450c5ead95207053f4b9f89ac60","name":"Airtasker","image":{"@type":"ImageObject","inLanguage":"en-AU","@id":"https:\/\/www.airtasker.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/ef4f6ce8e935cf303759965bfc6e5e46d8f48716055636c210468414ef2340f6?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ef4f6ce8e935cf303759965bfc6e5e46d8f48716055636c210468414ef2340f6?s=96&d=mm&r=g","caption":"Airtasker"},"description":"Inspiring the world to get more done","sameAs":["http:\/\/airtasker.com\/blog\/"],"url":"https:\/\/www.airtasker.com\/blog\/author\/airtasker\/"}]}},"lang":"au","translations":{"au":46796},"pll_sync_post":[],"_links":{"self":[{"href":"https:\/\/www.airtasker.com\/blog\/wp-json\/wp\/v2\/posts\/46796","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.airtasker.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.airtasker.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.airtasker.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.airtasker.com\/blog\/wp-json\/wp\/v2\/comments?post=46796"}],"version-history":[{"count":0,"href":"https:\/\/www.airtasker.com\/blog\/wp-json\/wp\/v2\/posts\/46796\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.airtasker.com\/blog\/wp-json\/wp\/v2\/media\/46801"}],"wp:attachment":[{"href":"https:\/\/www.airtasker.com\/blog\/wp-json\/wp\/v2\/media?parent=46796"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.airtasker.com\/blog\/wp-json\/wp\/v2\/categories?post=46796"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.airtasker.com\/blog\/wp-json\/wp\/v2\/tags?post=46796"},{"taxonomy":"language","embeddable":true,"href":"https:\/\/www.airtasker.com\/blog\/wp-json\/wp\/v2\/language?post=46796"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}