House of Representatives
Treasury Laws Amendment (2022 Measures No. 2) Bill 2022
Explanatory Memorandum
(Circulated by authority of the Assistant Treasurer and Minister for Financial Services, the Hon Stephen Jones MP)In the 2018-19 financial year there were under 30 instances where the Commissioner pursued debt recovery action while the debt was under dispute.
There are roughly one million independent contractors in Australia: Australian Bureau of Statistics, 6333.0 - Characteristics of Employment, Australia, August 2016.
Australian Taxation Office, Taxable payments reporting - Effectiveness measurement, May 2015.
For the purpose of this discussion, sharing economy websites are online services which operate as platforms for the sale or hire of goods/services or operate as a labour market intermediary and, in providing such services, capture the payments or require payments of fees or wages to an individual or entity to pass through an entity controlled by the online service.