The ATO have deemed Uber to be taxi service under GST law, but not a taxi service under FBT laws. But can we really blame the ATO? Our tax laws written before smartphones were even invented. And so with the advent of rideshare we're suddenly left with an unfortunate contradiction that disadvantages Uber drivers. Only the Federal Government has the power to update our tax laws for the 21st century.
Everything you need to know about the tax implications of buying a car for Uber, including the Instant Asset Write-Off, claiming GST, financing and more.
A detailed guide to how the ATO calculate GST on Uber income, and GST on Uber Fees. Plus, how the December 2017 GST changes affect you.
Our Complete Guide to Tax for Food Delivery Drivers and Riders. We explain why you need an ABN, whether you need to register for GST, how to keep a logbook for cars, motorcycles & bikes, plus more.
How to get registered, keep a logbook, maximise deductions & minimise tax in seven simple steps. Everything Uber & rideshare drivers need to know to get ATO compliant.
How much do Uber drivers really make? After Uber fees, taxes and car expenses, how much of your Uber fares end up in your pocket? We'll show you the average earnings for Uber drivers across Australia.
Since you're required to pay tax on your Uber income, you’ll be looking to maximise your tax deductions too. This article explains the options for claiming your vehicle expenses, how to keep a logbook, and other potential tax deductions for Uber drivers.
Tax is an unavoidable part of being in business, but too often people find themselves in trouble with the ATO after tax bills accumulate. It's easy to find yourself continually playing catch-up, so a set routine for saving as you go is essential to avoid tax time panic. This article will help you stay on top of your tax obligations so you can head into tax time feeling confident.
The ATO has announced that all Uber drivers must register for GST, and yet the debate still rages. DriveTax explains what it all means, and what to do next.
This is perhaps the first question every prospective Uber driver asks, and confusion reigns. The fact is, Uber drivers must pay tax on their income, even if they only drive once in a while. This article will explain exactly how the tax law works and why you need to declare your income.