Reporting Airbnb income to government (eg. Centrelink Australia)

Ali284
Level 1
Western Australia, Australia

Reporting Airbnb income to government (eg. Centrelink Australia)

Hi, I am a senior person (pensioner) hosting in Australia. I am wondering about reporting my Airbnb income to government and the impact on my government age pension:

- how do you report income that is unpredictable and variable

- how often should you report

- can the income be split between myself and my spouse to reduce the impact on our pensions.

 

Any advice based on practical experience of this topic would be most welcome.

 

Thanks,

Ali

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