The specific information you collect and report will depend on the activity type you participate in and the kinds of sellers who use your platform.
Your report will generally be required to include:
- information about your platform and the details of any intermediary you are using
- information about the sellers using your platform
- details of transactions made using your platform, including industry, amounts, GST, fees and commissions
- details of certain properties and assets provided through your platform.
Individual sellers
If the seller is an individual, you will generally collect and report their:
- personal details (for example, first name, surname and date of birth)
- contact details (for example, address, email and phone)
- financial details (for example, bank account details or identifiers)
- activities (for example, start and end dates, industry, transactions and amounts).
Non-individual sellers
If the seller is a business, you will generally collect and report their:
- business details (for example, ABN, ARN or TIN, business or trading name)
- contact details (for example, address, email and phone)
- financial details (for example, bank account details or identifiers)
- activities (for example, start and end dates, industry, transactions and amounts).
Activity Code
Each transaction must be reported using an Activity Code which describes its industry. Some transactions may also require an Activity Sub Code that provides additional detail on the transaction.
The Activity Codes you must use in your SERR report are:
- Ride-sourcing or Taxi services.
- Short Term Accommodation.
- Movable Asset.
- Food Delivery.
- Fixed Location Asset.
- Service.
- Other.
A full list of key fields, reportable information, Activity Codes and Sub Codes is available in the SERR Business Implementation GuideExternal Link. Some fields will require different information or have specific requirements around reporting and formatting (for example, optional, mandatory or conditional on other fields).