Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Do I need to pay tax on the fees I receive as a homestay host?

April 26, 2017fees homestay host pay tax

0

Posted

Do I need to pay tax on the fees I receive as a homestay host?

1 Answer

0

Posted

If you are only hosting one or two students at any one time, then you do not need to declare these fees as taxable income. However, if you are hosting more than two students we strongly suggest that you contact your own accountant and determine what your legal requirements are. For further information see the Australian Taxation Office website and search for homestay.