Ride-sourcing – more than just having a car

If you’re providing ride-sourcing services (ie. Uber) to earn additional income, then the ATO has made it easier to find out what you need to know about your tax obligations including:

• what to do for income tax and GST

• a checklist with handy tips to help you get it right

• how to calculate GST on fares

• what you need to know about car expenses.

 Next steps:

• Check out the ATO's updated information on Ride-sourcing and tax

• Use the checklist to help you get it right

• Keep an eye out for small business workshops near you.

Source:
Reproduced with the permission of the Australian Tax Office. This article was originally published on https://www.ato.gov.au/newsroom/smallbusiness/.

Important:
This provides general information and hasn’t taken your circumstances into account.  It’s important to consider your particular circumstances before deciding what’s right for you. Although the information is from sources considered reliable, we do not guarantee that it is accurate or complete. You should not rely upon it and should seek qualified advice before making any investment decision. Except where liability under any statute cannot be excluded, we do not accept any liability (whether under contract, tort or otherwise) for any resulting loss or damage of the reader or any other person. 

Any information provided by the author detailed above is separate and external to our business. Our business does not take any responsibility for their action or any service they provide.

Any links have been provided with permission for information purposes only and will take you to external websites, which are not connected to our company in any way. Note: Our company does not endorse and is not responsible for the accuracy of the contents/information contained within the linked site(s) accessible from this page.