Airbnb escapes tax time crackdown, but mum & dad hosts left with a bill: Marshall Delves

Commercial short-stay companies like Airbnb will this year deprive the Victorian Government of more than $14 million in uncollected GST.

Airbnb, and similar operators, only collect GST on the 5 percent to 15 percent ‘service fee’, rather than the entire booking cost. This means the state misses out on up to 95 percent of the GST applicable under current legislation. But conversely – or perversely –, this year hosts will pick up an extra bill, with the Australian Tax Office signalling a tax crackdown on users of the app.