How to Respond to an ATO Audit of your Rideshare BAS

We’ve recently started seeing that every time a rideshare driver lodges a BAS after they’ve purchased a new car, they’re getting an audit from the ATO. In this article I’ll give some background to why these ATO reviews get triggered, and our best advice for how to navigate the process.

By |2023-03-23T09:40:28+00:00March 22nd, 2023|Tax|0 Comments

How To Claim an EV or Tesla on Tax

Working out your tax deduction for a Tesla or Electric Vehicle is challenging. In this article I’ll explain everything you need to know about tax for EVs, including how much you can claim for the purchase of a Tesla or other electric vehicle for rideshare or delivery work, how to calculate your tax deduction for electricity when charging your EV at home, and the tax implications of installing a Tesla Wall Connector or EV home charger.

By |2023-06-26T15:04:35+00:00November 24th, 2022|Tax|6 Comments

Renting a Car For Uber [Complete Guide]

All Uber and UberEats drivers must have an ABN. But if it’s your first time being self-employed then you’ve probably never had an ABN before, so there’s a lot to learn. In this article I’ll explain what an ABN is, the ATO’s ABN rules for Uber and UberEats drivers, and how to apply for an Uber ABN.

By |2023-06-03T18:12:18+00:00March 16th, 2020|Tax|4 Comments

11 Things To Do Before Starting As An Uber Driver

If you’re thinking about driving for Uber there’s a lot you need to do before you start. You need to prepare your car and insurance, get set up for your Uber taxes and much more. So here we’ve created your ultimate checklist before signing up as an Uber driver.

By |2023-06-03T18:12:19+00:00March 7th, 2020|Tax|4 Comments