Personal Services Income on tax return?

Trebornicus

New Member
Hey everybody,

Do we have to declare Uber as a PSI on our tax return? The definition of it on the ATO website is a bit broad.
 

Jack Malarkey

Well-Known Member
No, declare it as business income and claim business expenses (as correctly stated by UberDriverAU).

Broadly stated, the 'personal services income (PSI) regime' does not apply to Uber drivers as 80% or more of the driver's personal services income does not come from one client and the clients are not associated with the driver.

Uber is not the driver's client. The driver's clients are the numerous passengers he or she drives for payment from one place to another.
 
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PhantomDriver

Well-Known Member
No, declare it as business income and claim business expenses (as correctly stated by UberDriverAU).

Broadly stated, the 'personal services income (PSI) regime' does not apply to Uber drivers as 80% or more of the driver's personal services income does not come from one client and the clients are not associated with the driver.

Uber is not the driver's client. The driver's clients are the numerous passengers he or she drives for payment from one place to another.
I don't believe we have any contract with the riders and 100 percent payment comes from one client-Uber
The reason for the PSI is so that the ATO can argue that you are working for the client as a salaried /wages individual and you should then be paying tax as a salaried /wages individual and not a contractor
 

Jack Malarkey

Well-Known Member
I don't believe we have any contract with the riders and 100 percent payment comes from one client-Uber
The reason for the PSI is so that the ATO can argue that you are working for the client as a salaried /wages individual and you should then be paying tax as a salaried /wages individual and not a contractor
That's not the approach taken by the ATO in its advice on the tax treatment of Uber-related income. If the ATO regarded the income as subject to the PSI regime, they would have said so in their advice.

https://www.ato.gov.au/Business/GST...rough-ride-sourcing-and-your-tax-obligations/
 
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clintz

Active Member
PSI, has less deductions to claim
Sole trader has a few more.
Trust is the best to do Uber or any business with
 
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