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Monthly Archives: August 2017
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August 28, 2017
How Do Taxes Work for Rideshare Drivers?
Important Update
From 1/12/2017, Uber started invoicing as an Australian entity, paying GST to the ATO.
Although this has no effect on your net income for the quarter, it does reduce your weekly income by the GST amount and then give it back to you by a reduced amount owed on your quarterly BAS.
See the post Uber and GST Revisited for full details.
GST and Income Tax for Uber Drivers
Uber drivers have to be concerned with both GST and income tax. It's vitally important to get both absolutely correct. Otherwise, you could be in for a nasty surprise further down the track.
GST
Everyone understands GST. It's 10% of your earnings, right?
No, wrong. For an Uber driver, there are 2 very important considerations. You must get them right and you must be able to provide the necessary documentation if you're ever audited by the Australian Tax Office.
August 16, 2017
- in Airports , Brisbane , Sunshine Coast by Phil Lancaster
An Airport Guide for Rideshare Drivers
Unfortunately, there’s no one size fits all guide here. Not only does each state in Australia have different rules and regulations, but even the different airports within a state have different rules.
I’m going to cover the two airports that I’m familiar with, namely Brisbane and Sunshine Coast, both in Queensland.
My colleague on this website, Sam Griffiths, will cover the Melbourne airports at Tullamarine and Avalon and we’ll both investigate other Australian airports to bring you their current rules and regulations.
August 16, 2017
- in Airports , Brisbane , Melbourne , Sunshine Coast by Phil Lancaster
Are Taxi Drivers Their Own Worst Enemy?
Melbourne Airport Blockaded by Taxis
And what was it all about?
Uber drivers being allowed to pick up and drop off passengers at Melbourne airport. Just like they are all over the world and at other Australian airports.