1. Who does the DAC7 apply to?
DAC7, where Goboony is concerned, applies to any user who receives an income from hiring out their vehicle as an Advertiser on the platform. This is applicable to all users hiring out vehicles in EU Member States or the income is received from a property listing in the EU.
Does Goboony’s obligation to share data apply to my listing?
If you have a listing for a property located within one of the 27 EU Member States or you are resident in an EU Member State, your data will be shared with the relevant country or countries. If you have a tax identification number (TIN) in a country other than your main country of residence, the information may also be shared with the tax authority country that is not your main country of residence.
Is this a one-time request, or is it an annual requirement?
DAC7 reporting is an annual obligation. Your data will be shared each January for all income and information for the previous tax year. DAC7 is effective from January 1, 2023, and your information in respect of the calendar year 2023 will be shared in January 2024.
What data is required to be shared with the tax authorities?
Under DAC7, a platform operator [Goboony] is obligated to report your taxpayer information via the national tax authority of the state. This is HMRC in the case of Goboony. Goboony will report taxpayer information for affected EU listings and experiences to HMRC for Hosts who have advertising activity or receive income in the relevant tax year.
Advertisers (UK and EU RESIDENTS ONLY)
Individual
First and last name
Primary address
VAT identification number, if relevant
Date of birth
Goboony service fees
Amounts earned via the Goboony platform per quarter and number of listings hired out via the platform
Financial account identifier(s) i.e. bank account or other payment services account
Name of holder of the account into which the payment is made if not the Host’s account
Residence
Listing address
Property registration number
Number of days rented*
Business
Business/Legal name
Primary address
VAT identification number, if relevant
Goboony agent fee
The amount earned via the Goboony platform per quarter and number of listings
Financial account identifier(s) i.e. bank account or other payment services account
Business registration number
Tax Residence
Listing address
Number of days your vehicle(s) are out on hire*
*Days are defined by the number of nights your vehicle(s) are hired for
2. How does DAC7 impact me?
Goboony will be required to collect taxpayer information and report Host data to the tax authorities for all EU listings and for Hosts resident in the EU.
DAC7 is effective 1 January 2023 and the first reports will need to be sent starting Jan 2024. If Advertisers do not provide the required information to be reported to the tax authorities, Goboony may be required to freeze payouts.
After the taxpayer information is provided, you will then have your payments unfrozen and/or have the ability to accept bookings on the Goboony platform again.
3. What do I need to do?
For the time being you do not need to do anything. We will update this page and contact all Advertisers with the relevant information when everything is ready on our side. We expect this to be later in the year.