DriveTax Express BAS

Lodge your BAS with the Rideshare Tax Experts

Before You Start

If you’d like to learn more about Uber BAS’s before you begin, head to our Ultimate Guide to BAS’s for Uber Drivers. We explain how the GST calculation works, what you can claim, what records you need to keep, and the ATO’s requirements for paying your GST bill.

BAS’s During COVID-19

* JobKeeper & JobSeeker – you do not have to report JobKeeper or JobSeeker payments in your BAS, only in your end of year tax return. For more information visit our blog post on COVID-19 Support for Uber Drivers >

* If you did not drive this quarter – Remember you MUST still lodge a BAS for every quarter that you are registered for GST for one day or more, even if your earnings were $0.  If you did not drive and your income is $0, you have two options:

  • Lodge a Nil BAS – If your income was $0 and you don’t have any expenses to claim then you can easily lodge a ‘Nil BAS’ for free via your MyGov. You can find instructions here.
  • Lodge a BAS and Claim Your Expenses – As long as you do intend to return to driving when legal/safe to do so, you can continue claiming long-term ownership expenses for your car, as well as expenses that are directly related to Uber. The list below explains what you can claim. Having said this, if your income was $0 (meaning you could lodge a Nil BAS instead), it will only be worth submitting an Express BAS form with DriveTax and paying the fee if you have more than $990 worth of allowable GST expenses per the list below (that’s after adjusting for your logbook/business %). Otherwise the GST you get back will not be enough to cover the fee, so you’re be better off lodging a Nil BAS instead (instructions above).
    • Expenses you can claim while not driving due to COVID-19
      • Car insurance and servicing X your usual logbook/business percentage (there is no GST on depreciation, interest or car rego so they are not relevant to your BAS).
      • Renewal of driving permits, vehicle checks and other costs 100% directly related to ridesharing
      • Internet costs for managing your taxes, researching JobKeeper etc although your percentage may be smaller than usual.
    • Expenses you can not claim while not driving due to COVID-19
      • Car fuel and cleaning
      • Mobile phone (unless you have a separate phone that is 100% for rideshare)
      • Music subscriptions
      • Tolls

 

If you have any questions you can enter them in the comments section at the end of your Express BAS form, or email me at info@drivetax.com.au

– Jess

Pre-BAS Checklist

  • ABN – you must be registered for GST in order to lodge a BAS. If you’re not registered you can do so for free here.

  • Monthly Uber Summaries – you can download these from your online Uber account under Tax Documents

  • Summaries of any other rideshare income – monthly or quarterly summaries only, don’t send weekly or per-trip documents

  • Expenses totalled by category – scroll down to see the categories. Car expenses should include Uber + private use. All figures must be inclusive of GST.

FAQ’s

Our standard processing time is two business days.   You must submit your Express BAS form to us three business days prior to the deadline to guarantee on-time lodgment.

When lodging with DriveTax your BAS is due on the 25th of the second month after the end of the quarter. So for example the June BAS is due in the 25th of August. If this falls on a weekend the due date is the next business day. You must submit your Express BAS form to us three business days prior to the deadline to guarantee on-time lodgment.

Once you’re registered for GST you must lodge a BAS every quarter or face fines and penalties. This is true even if you have only driven a little, or not at all.

If you haven’t driven at all during the quarter, you can advise the ATO of a Nil BAS using their automated phone service by calling 13 72 26. This service is available 24/7. Make sure you have your ABN handy. You’ll also need the Document ID of the BAS’s you’re lodging, which you can find in MyGov.

If you don’t plan to drive in the future you may like to consider de-registering for GST so that you don’t need to lodge any more BAS’s.

We cannot prepare your BAS without these. Sometimes Uber can take a while after the end of the month to publish the summaries, so you will need to wait for these before submitting your Express BAS.

No, the bookkeeping spreadsheet is completely optional. It can be handy if you like to be very systemised in your recordkeeping, but just manually adding up your receipts into totals at the end of the quarter is equally fine.

For GST purposes, if you haven’t done a logbook the ATO allows you to make a reasonable estimate of your Uber percentage based on records such as odometer readings or service records.

Note that there are different rules for your end of year income tax. If you haven’t kept a formal logbook, you’ll be limited to a maximum claim of 5,000kms at 66 cents per km, giving a deduction of $3,300. For infrequent drivers this may be plenty, but if you drive greater hours for Uber a logbook may be well worth the trouble.

No, you don’t need to send your receipts to us, as long as you have them on hand in case the ATO requests them. You must have a formal Tax Invoice for any expenses over $82.50. For expenses under this amount you must have some kind of written evidence, which can be a tax invoice, cash register docket or receipt.

The ATO understands that for some cash expenses such as coin carwashes you may not get a receipt. In this case you just need to make a note of the date, the name of the store/carwash and the amount. We suggest keeping a pen and notebook in your glovebox for this purpose.

Uber show your toll expense on your monthly summaries, but this is only the tolls while you had passengers. You may have also had some tolls in between trips that are also tax deductible.

You have two options to claim your tolls in the Express BAS form.

  1. Refer to your tolls statements, add up the tolls from ridesharing (both with passengers and between passengers), and enter these in the tolls box below
  2. Leave the tolls box blank, and we will just use the ‘with passengers’ tolls figure from your Uber summaries.

This can be confusing because Uber used a lot of data but not many phone calls, so how should you work out the overall percentage of your phone bill? We recommend estimating your percentage based on what percentage of the time you spend actively using your phone (calls, internet, Uber, social media etc) is Uber vs private. This doesn’t have to be exact, a reasonable estimate is fine.

You can still go ahead and submit the Express BAS form. The ATO will generally not fine you for being a few days late or even a few weeks, provided you have a good lodgment history. Fines are usually only applied if you have multiple BAS’s outstanding, or are months overdue, or you have had late BAS’s in the past.

If you’re not able to pay your GST bill up front the ATO are generally happy to set up a payment arrangement for you. You can read more on how to set this up on the ATO website.

If  you have two or three BAS’s to lodge, you can submit these via our Express BAS service. You’ll need to fill in the Express BAS form once for each BAS. If you have four or more BAS’s to lodge please contact us via email.

 If you need a hand we’re here to help. Contact us anytime online.

 

Get your BAS started now!