Read Debbie Wosskow’s weekly update on the Sharing Economy report.
Journalist’s Resource have just published a round-up of research on the sharing economy. A really useful resource summarising some recent academic papers.
We’ve just added a page collecting all the press coverage of the review so far. Please let me know if we have missed anything.
Liv Sibony, co-founder of Grub Club, explains how their service supports pop-up restaurants in London. An interesting model we’re looking at as part of the ‘Trends of the Future’ strand of the sharing economy review.
Guy Levin (Executive Director of Coadec, the Coalition for a Digital Economy) has written an article for Tech City News about the review, arguing that the Government should take a ‘zero based’ approach to regulating the sharing economy. In other words, each specific regulation should be looked at from scratch and justified (or not).
- Tax: Cameron argues the tax liability for people who share their items is not clear. He suggests the current Rent a Room scheme - which means the first £4,250 of income from renting a spare room is tax free - could be extended to cover other forms of sharing.
- Regulation and Trust: Cameron suggests that one way of ensuring there is a level playing field between new sharing economy services and their traditional counterparts is to reduce the regulations with which established businesses need to comply.
He also proposes that GOV.UK Verify, a new system to check the identity of users of digital government services, could be extended to allow non-government services to check their users’ identity. So a single, digital ID could be used to fill in your tax return and to join a car club.
- Opportunity for the Public Sector: Can the public sector save money by embracing the sharing economy, e.g. by replacing its car fleets with car club memberships?