DAC7 is not a new tax. It is a report.

It is a European directive that requires online platforms to report to the tax authority how much the people selling or renting through them earn. The name comes from its being the seventh amendment to the directive on administrative cooperation in tax matters.

It applies to every platform operating in the European Union, not only to Sharepact, and it covers selling goods, letting property, providing services and renting things out, as here. It has been in force since 1 January 2023, and the United Kingdom applies equivalent rules, built on the same OECD model, from 1 January 2024.

Not everyone. Only those who, in a calendar year, cross one of the two thresholds as an owner renting things out. One of the two is enough, not both: anyone below both is not reported and has nothing to do.

The thresholds follow the person, not the account. Closing an account and opening another does not reset the count: that would be a way around a legal obligation, and it does not work.

Four steps, and three of the four are ours. What is left to you is filling in a form, once.

The thirty days run from the day we ask, not from the day you crossed the threshold: there is no sense in running a deadline against someone who did not know they had one.

Only what the directive obliges us to collect, and nothing else:

• first name and surname;
• date, place and country of birth;
• tax identification number, and a VAT number if you act as a business;
• your full residential address.

If you are a business we also ask for the registered name. We do not ask for identity documents at this stage: identity verification is a separate thing and happens elsewhere.

We report the identifying details from the form, the number of rentals completed in the year, the amount you received and the fees we withheld, plus the account details where you receive your payouts. These are the items the directive lists.

We do not report your conversations, the checklist photographs, reviews, what you rented to whom, your location, or anything at all about the people who rent from you. DAC7 looks at who receives money, not at who spends it.

Once the 30 days pass without your details, the account is suspended: no messages, no renting, no publishing.

Suspended is not blocked. Blocked is a penalty and means you did something. Suspended is a stalled formality and means a document is missing. The effects are the same, the reason is not, and we would rather you knew which one applies to you.

Filling in the form lifts the suspension immediately, with no review and no waiting. A block that stays in place after someone has done what we asked serves nobody.

That depends on your country and your situation, and we cannot answer it for you. What we can tell you is that DAC7 does not change the answer: if that income was taxable before, it still is; if it was not, it does not become so.

If you are unsure, the links below lead to the tax authorities' own pages, which are the right source. For your own case, an accountant.

Do not rely on this page for your tax decisions. These are the sources, from the general to the one closest to you.

I crossed the threshold in December. Do I need to do something now?

No. We write to you, and the 30 days start from that email.

I rented things out at a loss. Does it still count?

The thresholds count what you received, not what you made. You can pass €2,000 without having earned anything: the report goes out all the same, and it is your tax return that says how it actually went.

I only rent things, I never lend. Does this concern me?

No. DAC7 looks at who receives money. If you use Sharepact only to borrow, there is nothing here for you.

Can I refuse to give the details?

You can, and the account stays suspended until you do. It is not our choice: a platform that fails to collect those details is itself in breach.

Where do I find the form?

In the app, in your profile. It appears when it is needed, and it also reaches you by email.

Last updated: 4 October 2026