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  1. Jack Malarkey

    ATO: Cars and various tax thresholds

    From the Australian Taxation Office’s Small Business Newsroom: Cars and tax From 1 July 2019 the following car threshold amounts apply. Income tax There's an upper limit on the cost you use to work out the depreciation for the business use of your car or station wagon (including four-wheel...
  2. Jack Malarkey

    ATO: New (financial) year, new you!

    From the Australian Taxation Office’s Small Business Newsroom: New (financial) year, new you! 2 July 2019 As you gather your records this tax time, think about what has or hasn't worked well over the year. Make a new (financial) year resolution for your record keeping practices that's easy to...
  3. Jack Malarkey

    ATO: Earning income from ride-sourcing?

    From the Australian Taxation Office’s Small Business Newsroom: Earning income from ride-sourcing? 3 July 2019 Did you know, income earned from providing ride-sourcing services is assessable and must be included in your tax return? Whether you use a registered tax agent or prepare your own...
  4. Jack Malarkey

    ATO assesses taxi drivers at $1.30 per kilometre where proper records not kept

    Australian Taxation Office: Taxi cents per kilometre earnings rate The cents per kilometre earnings rate is the average amount of income earned by a taxi for the total kilometres travelled by the taxi in a year. The rate includes GST. It does not take expenses into account. It only measures...
  5. B

    Have you opened a business transaction account for UBER

    Have you opened a business transaction account for UBER so that the earnings and spending for your business can be tracked easily? This would come handy at TAX times ans also in GST. Could you recommend me a good bank as well? Thanks
  6. Jack Malarkey

    ATO makes public statement about income tax and GST treatment of Uber’s ‘driver appreciation awards’

    The Australian Taxation Office has made the following public statement about the income tax and GST treatment of Uber’s ‘driver appreciation awards’: Uber 'driver appreciation reward' payments In April 2019, ride-sourcing platform, Uber, paid some of its drivers a 'driver appreciation reward'...
  7. Jack Malarkey

    ATO: Wondering what an input tax credit is?

    From the Australian Taxation Office’s Small Business Newsroom: Wondering what an input tax credit is? 3 May 2019 An input tax credit is also known as a GST credit. It's a credit you can claim for the amount of GST included in the price of goods or services (the inputs) you buy for use in...
  8. Jack Malarkey

    Some musings on GST and its discriminatory application to rideshare

    1. Enterprises providing ‘taxi travel’ (including rideshare) do not benefit from the annual $75,000 GST threshold available to all other kinds of enterprise. 2. Australia is unique in having such a discriminatory exclusion in its GST/VAT legislation. 3. Uber’s response to any amendment of the...
  9. Jack Malarkey

    Senator Duncan Spender (Liberal Democrats, NSW) and GST policy

    Senator Spender has provided advice on his policy relating to access to the GST $55,000 threshold for taxi and rideshare drivers. See this Sydney thread for details: https://uberpeople.net/threads/response-from-senator-duncan-spender-liberal-democrats-nsw-to-gst-question.326773/.
  10. Jack Malarkey

    Response from Senator Duncan Spender (Liberal Democrats, NSW) to GST question

    At the last election, Senator David Leonhjelm (Liberal Democrats, NSW) committed to sponsoring and supporting amendments of the GST law to ensure that those providing taxi (including rideshare) travel have access to the same GST threshold (currently $75,000 turnover a year) as all other...
  11. Jack Malarkey

    ATO: ABN bulk cancellations

    From the Australian Taxation Office’s Small Business Newsroom: ABN bulk cancellations 2 May 2019 We will be conducting reviews on existing ABNs, which includes cancelling inactive ones. This helps to make sure the information on the Australian Business Register is correct and up to date. Your...
  12. Jack Malarkey

    ATO: Lodge online and get more time

    From the Australian Taxation Office’s Small Business Newsroom: Lodge online and get more time 2 May 2019 Most small businesses are eligible for an extra two weeks to lodge and pay their activity statement by lodging online. Depending on your business type, you have options for lodging...
  13. Jack Malarkey

    Private ruling request from ATO re GST treatment of Uber appreciation awards (bonuses)

    I have just made an application to the Australian Taxation Office for a private ruling on whether or not Uber’s appreciation awards (bonuses) are subject to GST. I will report back here when I receive a reply.
  14. N

    Any international students/workers working on uber?

    I have question about the GST registration that Uber asks us to do. I'm new to the country and I'm starting to drive for uber. I know that we need to register for GST but they won't let me do it online. I called CRA and they said I needed to register by mail as a non-resident. Has anyone...
  15. duracell

    Entertainment tax deduction eg Spotify

    Hi. I understand that drivers can claim a Spotify subscription as a tax deduction. Does anybody know if this extends to Youtube Red as it includes Google Play Music? Or is it just those entertainment providers that run through the Uber App? Thanks
  16. mickyt

    ATO -calculate GST

    Hi All, Newbie here (found this forum yesterday) and new to Uber (only been driving 3 months) . I am about to submit my first simpler BAS for Oct- Dec and I'm a bit confused. Have spoken to Uber and ATO and read some stuff and still unclear and my accountant is away till the end of the month...
  17. B

    GST on car registration

    In QLD, can we claim GST on vehicle registration fees? In our invoices, it doesn't include anything about GST charged? Thanks
  18. B

    GST on purchase

    If I buy a car for $16,000 on 01/12/2018 and do UBER. Can I put it as GST on purchases at the end of this GST quarter which is 31/12/2018?
  19. Sam. P

    ATO chasing overdue BAS?

    I've read in a thread on Facebook that the ATO is teaming up with external collection agencies. Should we be worried???? copy and paste: "From now on if your clients have overdue lodgment obligations, we may refer them to an external collection agency to secure lodgment on our behalf. Starting...
  20. Jack Malarkey

    ATO: Driving passengers for a fare?

    From the Australian Taxation Office’s Small Business Newsroom: Driving passengers for a fare? 20 November 2018 If you're going to provide ride-sourcing services, it's important to know your tax obligations before you start. Ride-sourcing is treated the same as taxi travel for GST...
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