DriveTax Blog
Uber Tax Tips and Information
Tax Deductions For Uber Drivers
No-one likes to pay tax, so naturally we're all trying to maximise our tax deductions to minimise our tax bills. This article explains in detail all the deductions you can claim as an Uber driver. We'll look at the two different methods for claiming your car expenses, how to keep a logbook, and all the other potential rideshare and delivery tax deductions you may be able to claim.
Tax for UberEats & Food Delivery Drivers
This article is our Complete Guide to Tax for UberEats and Food Delivery Drivers and Riders. Learn about applying for an ABN, and whether or not you need to register for GST. Find out how to claim deductions on your car or bike, including the requirements for keeping a logbook. And understand what lodgments you need to make to the ATO as a food delivery driver.
Uber Driver’s Guide to Government Grants & Disaster Payments
Check the tax implications of COVID payments from the government and Centrelink for Uber, rideshare and delivery drivers.
Buying A Car For Uber
As an Uber Driver, your car is your most critical business asset, so it’s important to understand the tax implications before you buy a new car for Uber. In this article we'll explore all of the key tax issues around buying a car for Uber, including the Instant Asset Write-Off (did you know it comes with a nasty sting in the tail?), claiming GST, your different options for finance, buying new vs used, loans vs leases, the requirements for your invoice, and more.
How Much Will I ACTUALLY Make From Uber Driving?
How much do Uber drivers really make? If you're thinking about driving for Uber, this will be one of your most important questions. After Uber fees, taxes and car expenses, how much of your Uber fares will actually end up in your pocket? This blog post will help give you an understanding of the different factors that might affect your Uber earnings, how much will go to the tax-man, and how much you'll actually get to take home.
Uber BAS Explained – Ultimate Guide to BAS’s for Uber & Rideshare
If you’re an Uber or rideshare driver, you’ve no doubt heard that you must lodge a BAS to the ATO each quarter. But if you’re like most Uber drivers, it’s your first time running your own business and dealing with GST. Figuring out how to lodge your Uber BAS for the first time can be a challenge. So in this post I’m going to deep dive into BAS’s for Uber and rideshare drivers. I’ll explain how GST is calculated on your Uber and rideshare income, all the rideshare GST claims you can make, examples of what the Uber BAS statement looks like, and how to lodge your Uber BAS to the ATO.
Uber GST Explained – The Complete Guide to GST for Uber Drivers
If you're a new or prospective Uber driver, chances are this is your first time dealing with GST. Uber GST can be complex because the rules are different than for most Australian small businesses. So in this blog post I’ll explain the rules on whether you have to register for GST as an Uber driver, how GST on your rideshare income is calculated, and how to lodge your Uber BAS to the ATO.
Uber ABN’s Explained – How To Get An ABN for Uber & UberEats
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.
How To Keep a Logbook for Uber
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.
Uber Tax Explained – The Ultimate Guide to Tax for Uber & Rideshare
Uber taxes are a big learning curve for most Uber drivers. The ATO's rideshare tax rules are complicated, and if you don't keep the right records and save for your tax bill as you go, you may find yourself with an unexpected bill at tax time. So in this post, I'm going to explain everything you need to know to manage your Uber taxes step-by-step so you're prepared for tax time.
Saving For Your Uber Tax & GST Bills
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 with the right amount of savings, and feel confident that you're properly prepared.
Seven Steps To Sorting Your Uber & Rideshare Tax Obligations
This post is the ultimate guide to Tax and GST for new Uber drivers. Learn how to get registered with the ATO, how to keep a logbook, what Uber tax deductions you can claim to minimise tax, and how to lodge your BAS's and tax return to the ATO. Everything Uber & rideshare drivers need to know to get started managing their Uber taxes in seven simple steps.
Is Uber A Taxi Service?
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.
PAYG Instalments for Uber Drivers
If the ATO has applied a PAYG Instalment to your Uber BAS for the first time, it can sometimes be a shock. Why are they suddenly asking for this extra money? But actually PAYG Instalments are a good thing, as long as you're prepared. In this post I'll explain what Uber PAYG Instalments are, why the ATO has applied them to your BAS, and the best way to manage them.
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.
Tax for Uber CarShare, Turo & Car Sharing
How to manages your taxes for car sharing, including Uber CarShare, Turo and DriveMyCar. Learn how to keep a logbook, what tax deductions you can claim for car sharing, and more.
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.
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.
Claiming Super Contributions for Uber Drivers
If you have made a personal super contribution to your super fund this year, you may like to claim a tax deduction for it on your end of year tax return. However there are some tricks and traps to look out for.
Tax for Amazon Flex Drivers
This article is our Complete Guide to Tax for Amazon Flex delivery drivers. Learn about applying for an ABN, and whether or not you need to register for GST. Find out how to claim deductions on your car, including the requirements for keeping a logbook. And understand what lodgments you need to make to the ATO as a delivery driver.
Uber Driver’s Guide to Centrelink Payments
How to apply for JobSeeker and complete a Centrelink Profit & Loss Statement as an Uber, rideshare or delivery driver.
How To Keep a Logbook for Splend
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.
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.