This includes:
- ride-sharing and ride-hailing
- food and beverage delivery
- short-stay and visitor accommodation.
What's changed
If you provide listed services through an online marketplace, like a website or app, there are some changes that might affect you.
Working out your income tax
You can choose to include flat-rate credits as assessable income in your income tax return for the 2024-25 income year.
You can only do this if you weren’t GST registered when you got the credits.
Including flat-rate credits as assessable income may save you time and effort. Calculating your deductions may be easier, particularly if you sell your listed services in other ways (like through your own website).
Flat-rate credits and income tax
Receiving flat-rate credits
If you’re not GST-registered, give the information below to your online marketplace (like Bookabach) or listing intermediary to avoid issues.
- Name
- IRD number
- GST registration status
If you don’t do this, you may not receive flat-rate credits.
Check if you can do this using their website or app.
Opting out
If you use a listing intermediary (like a property manager or agent), tell them you’re opting out of the marketplace rules, rather than telling the online marketplace.