Tag: Airbnb

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Union calls for Uber drivers and Airbnb hosts facing tax crackdown to be protected

The Transport Workers Union of Australia has condemned the federal government’s plans to crack down on Uber drivers and Airbnb hosts who avoid paying tax.


October 14, 2021 0

Is the gig economy all it’s cracked up to be?

The “gig” economy was supposed to be an opportunity for entrepreneurs to be their own boss. Everyone from Uber to Postmates, Lyft, Airbnb, Turo and Parklee have all sold themselves as platforms for freelancers and would-be entrepreneurs to work for themselves.


October 12, 2021 0

From Airbnb to city bikes, the ‘sharing economy’ has been bought up by big money

Of all the ideologies spawned by Silicon Valley, that of techno-populism – the making of empty promises on the basis of seismic digital disruption – is the strangest. Promising a world of immediate and painless personal empowerment, techno-populism is ambiguous enough to unite big tech firms, startups, cryptocurrency aficionados and even some political parties.


October 11, 2021 0

Stealth taxes on Uber and Airbnb won’t hurt the masses

A chancellor who will borrow £394bn this financial year has to come up with a few new ways to raise money, and here’s a Treasury idea that sounds modest but interesting: put VAT on Uber taxi trips and stays in Airbnb properties. It would also seem to pass a basic test of fairness. Most Uber…
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September 30, 2021 0

Covid: Sunak mulls tougher VAT rules for Uber drivers and Airbnb landlords

Rishi Sunak is considering toughening up VAT rules for the Uber drivers and Airbnb landlords central to the rapidly expanding sharing economy as the Treasury considers ways of repairing the damage to the public finances caused by the Covid-19 pandemic. The chancellor has taken the first steps towards increasing the government’s VAT revenues with the…
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September 30, 2021 0

Uber, Lyft and Airbnb cut thousands of jobs as pandemic batters Silicon Valley

The economic fallout from the coronavirus has come to Silicon Valley, with major tech firms announcing layoffs in recent weeks. On Wednesday, Uber became the latest company to announce cuts, revealing in a filing to the Securities and Exchange Commission that it will lay off 3,700 workers – roughly 14% of its global workforce. Uber…
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September 15, 2021 0

Pinterest pins hopes on cut-price IPO as latest tech ‘unicorn’ goes public

Pinterest, the digital scrapbooking site, has became the latest Silicon Valley “unicorn” to publish details of its plans to go public. The company’s initial regulatory filing would value the company at around $9bn, significantly less than previous valuations but a figure that could change if investors get behind the initial public offering (IPO). Pinterest is…
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August 13, 2021 0

House-hunting in Silicon Valley: tech’s newly rich fuel a spectacle of excess

In Silicon Valley, an open house can be more than an open house. At a six-bedroom, seven-bath home in the town of Menlo Park, a flamenco dancer swirled and a guitarist fingerpicked in a kitchen alcove. Outside, pesto pizza was pulled from the pizza oven. A face painter splotched unicorns on pudgy cheeks. A barista…
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August 11, 2021 0