{"id":127,"date":"2017-12-18T12:27:04","date_gmt":"2017-12-18T12:27:04","guid":{"rendered":"http:\/\/idcrex.com\/blog\/?p=127"},"modified":"2017-12-18T12:27:04","modified_gmt":"2017-12-18T12:27:04","slug":"tax-on-income-from-the-sharing-economy","status":"publish","type":"post","link":"https:\/\/idcrex.com\/blog\/tax-on-income-from-the-sharing-economy\/","title":{"rendered":"Tax on income from the sharing economy"},"content":{"rendered":"<p>Sharing economy activity tends to increase during the holiday season. Some of these activities include:<\/p>\n<ul>\n<li>providing ride-sourcing services for a fare<\/li>\n<li>completing jobs or errands for payment<\/li>\n<li>renting out a room or a whole house or unit<\/li>\n<li>renting out a vehicle or a car parking space.<\/li>\n<\/ul>\n<p>The tax obligations associated with each will vary depending on the activity.\u00a0 Some of the things you may need to consider include:<\/p>\n<ul>\n<li>declaring income in your tax return<\/li>\n<li>what income tax deductions and GST credits you can claim for expenses related to earning income and what you can&#8217;t claim because of personal use<\/li>\n<li>how all of your sharing economy earnings added together affect your income tax and GST obligations<\/li>\n<li>keeping records of your income and expenses to meet your tax obligations.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Sharing economy activity tends to increase during the holiday season. Some of these activities include: providing ride-sourcing services for a fare completing jobs or errands for payment renting out a room or a whole house or unit renting out a vehicle or a car parking space. The tax obligations associated with each will vary depending [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-127","post","type-post","status-publish","format-standard","hentry","category-autax"],"_links":{"self":[{"href":"https:\/\/idcrex.com\/blog\/wp-json\/wp\/v2\/posts\/127","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/idcrex.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/idcrex.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/idcrex.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/idcrex.com\/blog\/wp-json\/wp\/v2\/comments?post=127"}],"version-history":[{"count":1,"href":"https:\/\/idcrex.com\/blog\/wp-json\/wp\/v2\/posts\/127\/revisions"}],"predecessor-version":[{"id":128,"href":"https:\/\/idcrex.com\/blog\/wp-json\/wp\/v2\/posts\/127\/revisions\/128"}],"wp:attachment":[{"href":"https:\/\/idcrex.com\/blog\/wp-json\/wp\/v2\/media?parent=127"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/idcrex.com\/blog\/wp-json\/wp\/v2\/categories?post=127"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/idcrex.com\/blog\/wp-json\/wp\/v2\/tags?post=127"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}