Do you provide ride-sourcing services for a fare; working through a facilitator such as Uber, SheSafe, Shebah or GoCatch? Do you know how income tax, the goods and services tax (GST) applies to your earnings? Ride-sourcing is taxi-travel for GST purposes. If you have a ride-sourcing enterprise, you need:

 

 

  • an Australian business number (ABN)
  • to register for GST from the day you start
  • to pay GST on the full amount of every fare
  • to keep records of income and expenses for both GST and income tax purposes.

You can then claim GST credits for expenses associated with your ride-sourcing enterprise. Come along to this one hour session where we’ll help understand how to get it right. Note: If you already have a business structure, this session is designed for sole traders.

Do you need more information to help you gather the figures from your platform statements, work out your ride-sourcing deductions, calculate your GST and know where to put all that information in your business activity statement? This session will help you understand how to:

  • keep track of your ride-sourcing records
  • work out your income, deductions and GST
  • complete your business activity statement.

Come along to this one hour session where we’ll help understand how to get it right.

This session is the second in the Ride-sourcing series and follows on from what you learned in Ride-sourcing and Tax (Sole traders).

Presented by the ATO

Monday May 25th         9.30am – 10.30am   Ride Sourcing and Tax (Sole Traders)

Monday May 25th         11.00am – 12 Noon  Ride Sourcing:  Income, Expenses and GST

FREE – Bookings on Eventbrite via these links:

Ride-sourcing and tax (Sole traders) – Whittlesea – Register here

Ride-sourcing: Income, expenses and GST – Whittlesea – Register here


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