Uber drivers and AirBnb hosts who avoid paying tax are the subject of a proposed new income reporting regime.

Treasury will release plans on Wednesday to ensure those in the gig sharing economy are paying their fair share of tax, however the reforms will focus on those working in the sector, and not the companies themselves.

Assistant minister for treasury, Zed Seselja, says the sharing economy has seen significant growth in Australia, but the government is committed to ensuring all individuals are paying their fair share of tax.