As a platform operator, Hopoti is required by the Sharing Economy Reporting Regime (SERR) to report certain information about Hopoti sellers in Australia twice a year. National legislation is based on Model Reporting Rules for Digital Platforms (MRDP) by the Organisation for Economic Co-operation and Development (OECD).
Each reportable seller will receive a prefilled SERR Form to fill out the required seller information per reporting period. Forms are sent via email and chat to all administrators personally, and you can also contact Hopoti Support to request a new link.
Only one filled SERR Form is required per business per reporting period. Hopoti will take care of all the reporting duties – no further action is needed after filling out the form.
📊 Reporting – what is included?
Australian sellers with certain types of sales that fall into the reporting rules must be reported twice a year by the platform (Hopoti) to the local tax authorities (ATO) and may share this information with other Organisation for Economic Development (OECD) members. The report includes information about the seller (see below), and reporting obligated sales from each quarter.
💳 Sales – which payments are reported?
By default, we report all sales as reporting obligated, as most of them fall into one of these categories in Hopoti:
Personal services (e.g. riding lessons)
Rental of immovable property (e.g. facility hires)
Sale of goods (e.g. merchandise)
Rental of transport (e.g. travel packages)
The seller can request to mark some of their sales as not obligated by reporting by providing compelling evidence and contacting Hopoti Support.
⚖️ Legislation – is this required?
Yes, by the Australian legislation (Treasury Laws Amendment (2022 Measures No. 2) Bill 2022) you, as the Seller, are required to provide the necessary information and ensure that they are correct, and we, as the Platform, are required to report this information forward twice a year. Additionally, if we can't receive the required information from the Seller, we must disable the Seller from our platform.
💼 Seller information – what is needed?
Each reportable seller will be sent a prefilled SERR form by Hopoti, which needs to be confirmed and filled by the seller each reporting period before the due date. Please see below for the information required for different sellers.
Sellers who are "Company"
Example: Companies, Partnerships, Nonprofits and others
Legal business name
Primary address (incl. State)
Australian Business Number (ABN)
Mobile phone number
Email address
Bank account details or Stripe ID
Sellers who are "Individual"
Example: Sole traders
First and last name
Date of birth
Primary address (incl. State)
Australian Business Number (ABN)
Mobile phone number
Email address
Bank account details or Stripe ID
Sellers who are "Excluded"
The following excluded sellers do not have reporting obligations:
Government entities.
Entities listed on a stock exchange.
Sellers with more than 50 listings for the rental of assets.
Rentals involving substantial property, such as hotels or commercial premises.
Transactions classified as financial supplies, such as securities trading.
Transactions between members of the same income tax consolidated group or multiple entry consolidated group.
The seller can request to be marked as excluded by contacting Hopoti Support.
🛟 Any questions?
We're trying to make these requirements as smooth as possible for you and will do all the heavy lifting with reporting. If you have any questions, please let us know in the chat or by email at support@hopoti.com. Thank you for your co-operation!