1. Who does the HMRC Digital Platform Reporting apply to?
HMRC Digital Platform Reporting, where Goboony is concerned, applies to any user who receives an income from hiring out their vehicle as an Owner on the platform. This applies to all users hiring out vehicles in the UK.
2. Does Goboony’s obligation to share data apply to my advert?
Yes, as a digital platform operator with adverts in the UK Goboony is obliged to share data on income received to HMRC. This applies to all owners who earned more than £1700 or had more than 30 rentals in the reporting period from 1st January 2024 to 31st December 2024.
3. Is this a one-time request, or is it an annual requirement?
HMRC Digital Platform Reporting is an annual obligation. Your data will be shared each January for all income and information for the previous calendar year. HMRC Digital Platform Reporting has been effective since January 1, 2024, and your information regarding the calendar year 2024 will be shared in January 2025.
4. What data is required to be shared with the tax authorities?
Under HMRC Digital Platform Reporting, a platform operator [Goboony] is obligated to report your taxpayer information to HMRC. Goboony will report taxpayer information for Owners who have advertising activity or receive income in the relevant tax year. Goboony will submit data based on what has been provided by the advert owner.
For individual owners:
- Full name
- Home address
- Date of birth
- Tax identification number (National Insurance number if they live in the UK)*
* Goboony does not currently request an individual's National Insurance Number, so this will not be reported in the 2025 submission.
For business owners:
- Legal business name
- Main business address
- Tax identification number (company registration number for a UK company)
For all owners:
- Any other tax identification number (like a VAT number) and where it was issued
- The country the seller lives in
- The total amount paid to the seller for the reporting year
- The number of transactions the seller received payment for
- Any fees, commissions, or taxes you have withheld or charged
- Bank account details to which amounts were paid
5. How does HMRC Digital Platform Reporting impact me?
Goboony will be required to collect taxpayer information and report Owner data to the tax authorities for all UK adverts and residents in the UK..
HMRC Digital Platform Reporting has been effective since 1st January 2024 and the first reports will be shared in January 2025. If Owners 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 can accept bookings on the Goboony platform again.
6. How can I see my earnings for the last calendar year?
Goboony will send a PDF with the earnings per quarter to the owner once per year at the beginning of February once the report has been submitted to HMRC, which owners can use for their tax submissions.
7. Can I make changes to the data Goboony submits to HMRC?
Any changes made to your account details will take effect for the 2026 submission. The reporting has already been submitted for 2025.