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GST on Toll?

Discussion in 'Sydney' started by Syd drv, Apr 16, 2018.

  1. Syd drv

    Syd drv

    Location:
    Sydney
    Do we need to pay GST on Toll?
    As example: Customer paid AUD50 for OLA trip including $10 Toll.
    So do i need to pay GST on $50 or $40?
     
  2. Sleepo

    Sleepo

    Location:
    Gold Coast
    Driving:
    UberX
  3. Mehmet2

    Mehmet2

    Location:
    Sydney
    You just pay GST on $50 than use toll as expenses also you can claim back $10 GST on the toll which is $0.90
     
  4. U8er

    U8er

    Location:
    50m South of 7-Eleven Elwood
    Driving:
    UberX
    The replies above are so wrong. You already paid GST for the toll when you pay the toll.
    You collected GST for $50, you paid GST for $10 toll(it is inclusive of GST and you can claim GST credit on it), so you just need to remit GST for $40.
    The toll is totally transparent to the ants in terms of GST and income.
     
    Syd drv likes this.
  5. Sleepo

    Sleepo

    Location:
    Gold Coast
    Driving:
    UberX
    On the invoice to pax you are liable for GST on entire bill, yes you can claim an input credit when you pay your toll bill
     
  6. Ivan B

    Ivan B

    Location:
    Camden
    Driving:
    UberX
    Now I'm really confused
     
  7. weststigers

    weststigers

    Location:
    Sydney
    Pay GST on $50

    Fare ex GST: 36.36
    GST on Fare: $3.64
    ------------------------
    TOTAL $40.00

    Toll ex GST: $9.09
    GST on Toll: $0.91
    --------------------------
    TOTAL $10.00

    GST Collected = $3.64 + $0.91 = $4.55
    GST Spent = $0.91
    GST Liability = $3.64

    You get a credit back for the GST on expenses so you are in effect only paying GST on the $40 fare.

    Don't complicate things.

    Just enter all revenue incl. GST received, then enter all expenses incl. GST - it will balance out to the correct number.
     
    Syd drv and Mehmet2 like this.
  8. UberSyd

    UberSyd

    Location:
    Australia
    lol.. did you read the above responses?
     
  9. U8er

    U8er

    Location:
    50m South of 7-Eleven Elwood
    Driving:
    UberX
    Seems like they have edited their own messages after I posted it. So. Can you see if it is edited?
     
    Last edited: Apr 18, 2018
  10. UberSyd

    UberSyd

    Location:
    Australia
    It would say if they edited it
     
  11. Who is John Galt?

    Who is John Galt? Author

    Location:
    ADL - in the car
    Driving:
    UberX
    Not necessarily. I haven't read the thread or answers but an answer (post) has a period of 'grace' - I can't remember if it is two minutes or five - where the poster can edit his / her answer and the "last edited dialogue" will not appear.

    After that period, it will show "last edited x minutes ago" up to the new two hour limit where the post is effectively locked and cannot be edited or deleted by the original poster.

    .
     
  12. UberSyd

    UberSyd

    Location:
    Australia
    Yep i know about this.. i am saying this because of the time between their post and his. 4+ hours
     
    Who is John Galt? likes this.

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