This article discusses the taxation of income derived from peer-to-peer car rental through platforms like GoMore, specifically focusing on the context of Switzerland.

Are rental earnings through GoMore taxable?

Yes, any income earned from renting out your car as a private individual through GoMore is generally subject to income tax.

However, taxation is a complex matter. Your tax obligations can vary based on cantonal laws and your specific circumstances; therefore, it's crucial to consult with your cantonal tax office or seek detailed advice from a tax or financial advisor.

Where can I find an overview of the rental income I receive through GoMore?

You can view an overview of your earnings by following these paths on our platform:

• Via the App: Account -> Balance

• Via the Website: Click on the profile picture in the upper right corner of the website -> Earnings -> Balance

If you need more information about your earnings or have any queries, please contact the GoMore support team.

Can I deduct the costs of renting out a car for private use from taxes?

Yes, according to the tax administration, you can generally declare expenses that are directly associated with generating income when you rent out your car. However, for information regarding taxes (which deductions can be made and what you must declare), we recommend you consult your financial advisor or tax authorities.

How does it work if I rent out my company car through GoMore?

If you rent out your car through GoMore to generate income, you can create a business profile. Within your profile, you can see the rental income you have generated, which you can then conveniently report to the tax authorities and calculate the corresponding deductions for expenses.

Disclaimer: This article is intended for guidance only and does not constitute legal advice. Tax laws are complex and can vary widely; you should contact your local tax authority or a financial advisor for specific guidance related to your circumstances.