Boatigo recommends that you seek your own professional advice regarding taxation laws in the jurisdiction you will be using your boat.


The Australian Taxation Office (ATO) has provided guidance that no tax is payable on any contributions received toward to operating costs of a vessel being used for recreational purposes and not making a commercial profit as this is classed as a hobby.


The Internal Revenue Service (IRS) classes these non-profit activities similarly as a hobby.  It is very important that if you receive any contributions towards the running cost of any trips organised on the Boatigo platform that these are not at a profit and done so as part of a recreational hobby.