# Australia taxes | Hosts > Information published on this page is general advice only and does not take your individual circumstances into account We recommend consulting an independent t Source: https://help.turo.com/en_us/australia-taxes-hosts-rkGdlF9n3 Last updated: 2026-05-28T17:18:49.499Z Information published on this page is general advice only and does not take your individual circumstances into account. We recommend consulting an independent tax professional for advice on how this relates to your unique circumstances. ## Your tax obligations as a car sharing host The income hosts earn from sharing their car is considered assessable income and must be declared on their tax return. Likewise, expenses you incur can also be claimed as income tax deductions.  The Australian Tax Office (ATO) has published a series of articles with clear guidance on how you should report your car sharing earnings and expenses in your tax return. We recommend reviewing the following articles:  * [Sharing assets excluding accommodation](https://www.ato.gov.au/General/Sharing-economy-and-tax/Sharing-assets-(excluding-accommodation)/) * [Peer-to-peer car sharing deductions](https://www.ato.gov.au/General/Sharing-economy-and-tax/In-detail/Peer-to-peer-car-sharing/) ## Goods and Services Tax (GST)  ### Registration and car sharing The Australian Tax Office (ATO) classifies Turo's services as the rental of a movable asset. Turo hosts fall under the standard business GST gross earnings threshold of $75,000. * If your projected gross earnings (including Turo and any other business activities) are under $75,000, you do not need to register for GST. * If your gross earnings exceed $75,000, you must register for GST. You can update your Australian Business Number (ABN) and GST registration status at any time in your Stripe settings. Turo uses this information to manage your account and correctly handle any claim settlements. ### Damage claim reimbursements If a host’s vehicle is damaged during a trip, their GST registration status determines how Turo settles the claim: * **If you are NOT registered for GST:** Turo reimburses you for the GST-inclusive cost of the approved repair, so you receive the entire reimbursement without any GST costs removed. * **If you ARE registered for GST:** Turo reimburses you for the GST-exclusive cost of the repair to prevent "double recovery." You can claim the 10% GST back when you lodge your Business Activity Statement (BAS). Since your vehicle is a business asset under Australian tax principles, you are eligible to claim the GST component of a repair bill as an Input Tax Credit (ITC) directly from the ATO. **Note:** Turo applies this same GST-exclusive policy to supplementary claim costs, such as towing and storage, provided the supplier charged GST. ## Understanding your earnings summary **Turo displays** **host earnings as the amount earned by hosts, minus any VAT, services tax, or sales tax collected for the trip.**  At the end of each financial year, Turo releases an earnings summary to help you prepare your tax return. Here are some answers to common questions we receive: **What is included in “Gross earnings”?** Gross earnings include trip earnings, Turo fees, host incentives, and host cancellation fees, but don’t include reimbursements. Gross earnings exceed the total paid by Turo because Turo fees have not been deducted. **What is included in “Turo fees”?** Turo fees represent the amount Turo received from your trip reservations, based on the percentage rate of your chosen earnings plan for each trip. Please note payments deposited into your bank account have Turo fees already deducted. Turo fees may be considered an operating expense or deduction when you report gross earnings as income on your tax filings. **Why do gross earnings matter for my taxes?** Turo is required to report hosts’ unadjusted gross sales (what we’re calling “gross earnings”), defined as transactions without adjustments for credits, service fees, reimbursements, or any other amounts. In other words, the gross earnings value is the total amount received for each booking, before being reduced by Turo fees, plus any other payment received from Turo (i.e. host incentives). So the gross earnings reported in your tax form and yearly summary will exceed the total amount you received from Turo.  **Why don’t my gross earnings match my earnings chart?** Gross earnings include trip earnings, Turo fees, host incentives, and host cancellation fees, but does not include reimbursements. On the other hand, your earnings chart shows your trip earnings and reimbursements, but doesn’t include Turo fees, host incentives, or host cancellation fees. The gross earnings value is only used for tax reporting purposes. **What are my tax responsibilities as a co-host?**  Turo ties all financial and tax reporting—including GST calculations—directly to the primary host’s ABN. Therefore, primary hosts must handle all accounting, payout splitting, and GST reconciliation directly with their co-hosts. ## Get personalised tax advice For expert guidance on applying tax rules to your situation, schedule a consultation with [POP Business](https://popbusiness.com.au/), an award-winning Australian accounting firm experienced in car sharing businesses.  POP Business can assist with: * Differentiating between personal and business income * Claiming car-related business expenses * Calculating and claiming depreciation * Choosing a tax-effective structure for your car sharing business  You can book a tax-deductible 45 minute consultation with POP Business at an exclusive discounted cost of $350 (incl GST) by [clicking here](https://bit.ly/turo-pop-tax-consultation). Exclusive discount applies for a limited time only, redeemable only by Australian Turo hosts.