Sharing Economy topics

Reporting Airbnb Income as a business

traceymt — Fri, 21 Feb 2020 10:03:58 GMT

Hi, we have a business renovating residential properties to sell. We are running the business under a partnership. Our first project stayed on the market too long after completion, so we took off the market intending to 'refresh' the listing in 3 months. We listed through Airbnb (under my name only) during this time so that we could recoup some of the holding costs, but also retain full control over the property to show potential buyers through etc... Anyway, we earned Airbnb income for approx 3 months until we fortunately sold the property. Settlement of the sale was in the following financial year, therefore this will be the only income to report for the partnership for 2019.

My question is, even though we are in the business of property investment (we are using industry code 30110 House renovations), the intention of this business is to sell the properties, not rent them out. Therefore, is the airbnb income considered as 'Other business income' or 'Rent' on our partnership tax return?

Any advice would be greatly appreciated (currently completing our 2019 partnership tax return... so running a little late on lodgement!)

GST Uber eats

JamieWalton1979 — Sat, 25 Jan 2020 00:52:49 GMT

Hi,

I am a fast food retailer using the uber eats platform. At first i couldnt get my head around the whole gst marketplace adjustments that ubereats paid me but i reckon i am full bottle on it now.

I have noticed some of the couriers are charging gst but when you do an abn lookup it says there abn is not registered for GST. I initially sent this information to uber eats to investigate but they did not do anything citing privacy reasons.

Am i still able to claim the GST credits?

GST and GST credits on Uber income

AG23 — Sat, 18 Jan 2020 03:43:47 GMT

I've recently started as an Uber driver in Regional NSW and will attempt to lodge my own BAS. My questions are regarding GST and GST credits.

The statement that I have downloaded from the Uber Driver website provides a breakdown of the calculated income I receive in my bank account.

I will use the below fare calculation as an example for the purposes of my questions

Gross Fare - $12.82
Wait Time - $0.12
Uber Fee inc GST - ($3.56)
Tip - $1.00
Booking Fee Charged To Rider - $0.55
Booking Fee Charged By Uber - ($0.55)
NSW CTP Charge - $0.38
NSW Government Transport Levy - $1.10
Rider Fees Deduction - ($1.48)
Total income paid to my bank account - $10.38

My understanding is the GST I must pay is 1/11 of the total of: Gross Fare + Wait Time + Tip + Booking Fee + NSW CTP Charge + NSW Govt Transport Levy. In the example above, the due GST would be: ($12.82 + $0.12 + $1.00 + $0.55 + $0.38 + $1.10) = $15.97 / 11 = $1.45.

Is this correct?

With regards to claiming a GST credit, am I correct in assuming that the GST portion of the Uber Fee, Booking Fee and NSW govt charges (Rider Fees Deduction) can be claimed as a GST credit, i.e. in the example above, it would be: $3.56 + $0.55 + $1.48 = $5.59 / 11 = $0.51 ?

In addition to the above, would the income I report in my BAS on the above transaction be the sum of the Gross Fare + Wait Time + Tip + Booking Fee + NSW CTP Charge + NSW Govt Transport Levy? And similarly, would I claim the Uber Fee, Booking Fee and NSW govt charges (Rider Fees Deduction) as an expense?

Thanks in advance

AG23

myGovID & RAM - multiple Auskeys

ChrisG — Wed, 15 Jan 2020 07:16:49 GMT

I work for a business that has three separate entities and I use individual Auskeys to submit BAS returns and Superannuation via the Government Small Business Superannuation facility. Will I be able to link three ABNs to my boss's myGovID once we set it up?

Thanks

Christine

AirBnb as part of commercail property - charge GST?

SusieC — Tue, 14 Jan 2020 10:47:41 GMT

I have rented a commercial property and have a shop downstairs and AirBnb upstairs? I am registered for GST. Do I charge GST on the rent for the AirBnb?

How to record Uber expenses

Yien — Wed, 31 Jul 2019 06:28:30 GMT

Can anyone advise how to recorde uber expenses for businees in accounting?

Lets say the Uber total showing on the receipt is $27.60 and that is including:

Trip fare is $23.55.

Booking Fee is $0.55

NSW CTP Charge is $0.93

NSW Government passenger seervice levy is $1.10

Wati time is $1.47.

How much is the GST?

Thank you.

Where to input income and expense for Uber driver

fauhau9385 — Thu, 15 Aug 2019 01:34:04 GMT

Hi, as an Uber driver I enter the related income and expense in the following boxes of my tax return, may I know is it correct? thanks.

> Business/sole trader, partnership and trust income

> Business income or losses
> Net non-primary production
> Other business income – manually calculated - enter the income for Uber driving
> All other expenses – manually calculated - enter the expense for Uber driving

> Net non-primary production
> Remaining net non-primary production income or loss from business - enter the net income

Didi referral bonus GST

Foto2018 — Wed, 08 Aug 2018 01:12:21 GMT

Hi ATO,

Now there is a new ridershare company called Didi and they are now offering referral bonus to drivers.

I understood that the referral bonus from Uber is GST free.

So how about Didi? The bonus is not a consumption paid by riders. Certainly we will include this in annual tax return but not sure if we need to report it in BAS too.

Thanks

Having trouble with Didi (rideshare) GST calculation

Foto2018 — Wed, 19 Sep 2018 05:34:16 GMT

Hi ATO Support,

Now there is another rideshare company called Didi on the market and I have been partnering with them for a few months. However, I am now having trouble with Didi income's GST calculation in order to prepare for next BAS statement and I believe this could become a common issue for all the drivers work with them.

Unlike Uber, Didi does not provide a tax or payment statement. I logged a case with Didi Support but only got below reply:

"We are sorry that we don't have the option to send you the tax summary. Regarding your query, since Didi drivers are not employee of Didi, they are entirely responsible for their own tax obigations. Drivers need to pay GST on the full fare."

The tricky thing is that Didi asks driver to pay GST on the full fare but they don't provide a clear breakdown like Uber does. All I got from Didi are two invoices once a month but any amount on these invoices could not reconcile with the bank payment.

For example:

The first invoice indicated the following:

1) Didi services fees $176

2) Booking fees $47

3) Government levy $52

Total $275

The second invoice only have one item called "Agreement to transport passenger at a discounted fare for the period (mm/yyyy)"

and the total invoice amount is $310

In the email body it wrote: Total Fares: $585 (= $310+$275)

As said, none of above amounts could reconcile with the bank payment amount and I am not sure if it is right to use $585 as the Full Fare.

The bank payment that I received for the same period is $850 which include $60 referral rewards and $20 toll claim.

Instead, I was trying to use a different approach to work out the Total Sales which is much high than the Total Fares provided in Didi's email. Please note the $310 "Agreement to transport passenger at a discounted fare for the period (mm/yyyy)" is completely useless in this calculation and I am still not sure what the relationship it has. (I also logged another call asking Didi to clarify on that but they didn't reply)

Bank Payment Received $850

Didi Service Charges $176

Booking + Levy (Payment) $99

Booking + Levy (Deduction) $99

Toll Claim $20

Rewards $60

Calculated Full Fare $946=850+176+99-99-20-60

There is a big difference between my calculation result $946 and Didi provided amount $585.

I am very confused if I should use $946 that I calculated, or $585 provided by Didi as the Full Fare?

I will need to get this issue resolved a.s.a.p. so as to submit the BAS statement on time.

Many thanks

Car depreciation - recalculate effective life

Foto2018 — Fri, 27 Jul 2018 06:28:38 GMT

Hello there,

I have a question about business car depreciation.

I bought new car on 1/4/2015 for $33,000 (GST inclusive) for personal use.

I started to work for Uber since 1/7/2018.

So there are 1187 days from 1/4/2015 to 1/7/2018

First calculate the net amount without GST

33000-3000=30000

Then I used the Prime Cost Method to calculate the opening adjusted value as of 1/7/2018.

30,000-30,000*(1187/365)*(100%/8 years)=17,805

Am I doing right?

If it is right, I have another question how to calculate the depreciation for period 1/7/2018 to 30/6/2019 as I don’t think I can use 8 years life cycle (car for private use) anymore due to the change of circumstance.

I can't work this out using the online calculator as it doesn't allow to enter a date "1/7/2018" of effective life change. It only allows to enter income Year to apply from.

Also, I don't think I can just change the effective life from 8 years to 4 years (car for Taxi) for remaining depreciations as 4 years should apply to a new car while my car has been depreciated for 1187 days already.

I am looking forward to advices from ATO community.

Thanks

Ride Share - Instant Asset Write off

JJL — Thu, 30 May 2019 22:58:52 GMT

I'm looking at working uber in new year as potentially my only source of income and need to buy a car. (no finance)

Initial predictions are Gross will be approx $40k

Is the instand tax write off useful or best to stay with the standard depreciation method

cheers and thanks

PTY LTD company and ride sharing

Morphy1 — Fri, 01 Nov 2019 23:37:25 GMT

Hi,

I have been consulting to various industries under my company (a PTY LTD company) for quite some time. I draw a monthly salary from my company. My company owns and maintains a company car for business purposes.

Consulting occupies most of my time with across a range of industries and clients, however to help during quieter periods between clients my plan was for the company to make better use of the car and set-up ridesharing under the companies name (with me as it's Director and the driver).

My salary would not change and I would not be claiming any personal expenses because my company would carry these expenses. The whole idea is a better use of the car and my time. However I was recently informed that the ATO would not allow my company to claim any of the vehicle related expenses before calculating the company tax liability at the end of the financial year and I must also set-up as a sole trader to do any ride-sharing.

I am very confused by this advice. I can't see anywhere, including in the law (I'm a regulatory specialist) and on the ATO website why my proposal would not be allowed.

Can someone please explain the reason for this information coming out of the ATO?

Online registration for GST

webstermedia — Wed, 18 Dec 2019 01:29:36 GMT

I have a TFN an ABN and and MyGOVid - I want to register online for GST (so I can Uber drive), but can't find out where! 'Ask Alex' refers to the Business Portal - but I can't find any links there. Help!

Uber Eats, Uber - Restaurant invoicing

torcb11 — Fri, 29 Nov 2019 05:49:36 GMT

Hi Ato,

I'm a cafe manager, and my query is in regards to ubereats's service fee and how they invoice our business. Each week they calculate the service fee payement of 35% of gross sales (Meal Price) on their platform, they deduct this, including Gst from our gross sales, then we are paid a net total each week. Yet on the ubereats's invoices to our business, it shows that the 35% service fee is being discounted, and the net total they charged our company for all intents and purposes is a lot less that the 35% service we pay them weekly. And would like to know if this is allowed;

For example in our payment summary:

A week in october we grossed $1,479.10 in sales, we were charged $517.82 in uber eats service fee, plus Gst on service fee and paid a net of $966.11. Yet on Uber eats invoicing for this exact week, the $517.82 service fee is discounted by -$359.44, to a net total of $158.38. My issue here is Uber eats is charging us the $517.82 for their service, yet their invoicing suggest they only charged us $158.38, thus my questions, is this practice legal? if i provided a service, charged a customer $80, then on the invoice discounted it to $20 for tax purposes yet still made my client pay $80 is that allowed? Shouldn't uber eats be invoicing our business for the $517.82 with no discount, or only charging us the $158.38 if they applied the discount. I'd like some clarification if this is legal, if so it suggests that Uber Eats is misreporting their income systemically across every invoice? Or if this is the wrong forum(apologies if so i'm really new to this) directed somewhere my query may be more appropiate.

Regards Brandon

Airbnb Income

CindyW — Wed, 27 Nov 2019 00:30:05 GMT

Hi ATO,

Airbnb requires a host to set up under their individual name. However, that host can list multiple people's properties and potentially show a large income under their own account. When Airbnb reports income to ATO, does it show under the account holder's name or the actual property address and therefore property owners' name (person responsible for tax reporting)?

Thanks, Cindy.

Sharing a house with flatmates

jess11 — Wed, 13 Nov 2019 00:40:11 GMT

Hello,

I am renting a two bedroom unit and I am the only person on the lease.

I have permission to sub-let the second bedoom.

If I sub-let out the second bedroom, do I need to pay tax on rent provided? The flatmate would only be contributing 60% towards the total weekly rent, and I wouldnt be making any profit. The reason the flatmate may be paying 60% instead of 50/50 split is because I have fully furnished the house so they would be using all my furniture (and like my most flatmates in the past have done, probably wrecking my furniture/not looking after it as carefully as I would) and the second bedroom is substantially larger than my current one.

Bills such as electricity and internet would be split equally between myself and the flatmate.

Thanks

Uber eats deduction

shinebright — Wed, 06 Nov 2019 02:55:27 GMT

Hi, i want to know what can i claim car rego expenses , depreciation and fuel expenses as i worked as a uber eats driver, and, if i can claim depreciation exp, how can i calculate it?

Ride Sharing and company structure

Morphy1 — Sun, 03 Nov 2019 23:04:01 GMT

Hi,

I am very confused by this advice. I can't see anywhere, including in the law (I'm a regulatory specialist) and on the ATO website why my proposal would not be allowed.

Can someone please explain the reason for this information coming out of the ATO?

UBER EATS

Nimmi — Wed, 23 Oct 2019 03:45:38 GMT

Is UBER eats classified as a business or a self employment

GST for Ride-Share service provider

Leo1995 — Mon, 21 Oct 2019 04:09:57 GMT

Hi. My friend is currently doing ride-share service as a part-time job. Recently, the ride-share company launched a campaign. This campaign encourages drivers to attract new customers and for each new customer registered (and subsequently used the service), he would get a small amount of money/bonus as referral fees. My question is does my friend need to pay GST for this amount? And if yes, can he claim any GST deductions for expenses occurred, such as printing promotional materials, related parking fees and gas?

Thank you for your help.

GST on AriBNB

Chairman_Mal — Wed, 16 Oct 2019 04:29:14 GMT

My SMSF owns a commercial property, which is leased to my company for the running of my business. The SMSF has developed a small area of this property, for my business to rent as an AirBNB property. While the SMSF is registered for GST and collects GST on the rent from my business, please explain the GST implications for adding a residential property into the mix.

I assume my company should not charge GST on the residential rent charged to AirBNB. Does the SMSF continue to charge GST on 100% of the rent received from my company, or is part of this transaction input taxed? Is there anything else I should be aware of?

Sole Trader moving back home

Newbie1 — Sat, 28 Sep 2019 03:23:22 GMT

Hi,

I am currently operating as a sole trader in Australia. I will be returning back home in December. I would like to keep operating my business in my home country. Hence, I will be still maintaining my ABN. I am not sure where I should declare my earnings once I have moved back to Kenya. Should I be declaring income earned in Australia under that ABN in Australia and the rest of it that is earned in Kenya, declared in Kenya or should I declare all of it in Australia? Thank you.

Airbnb

Jobina — Fri, 20 Sep 2019 01:49:33 GMT

My defacto partner owns the house I rented out on Airbnb. All payments from Airbnb were made into my account and I liased with guests. As this is considered 'rental income' - should it be considered in his taxable income (as he owns the house) or mine?

Ride-sourcing - UBER

J2019 — Sun, 25 Aug 2019 21:31:20 GMT

Hi there, my question is about UBER under partnership.

We have a family partnership (wife-husband) registered for GST and ABN. I've started UBER. Do I have to apply for GST and ABN as a Sole Trader or can I do my uber under my family partenrship? Everywhere I just find " typically operating under a Sole Trader business structure", but I can't find "must" operate as Sole Trader. Thanks

Where to show ride share (Uber) income

MJUber — Tue, 20 Aug 2019 03:23:00 GMT

Hi,

Just wondering whether I have to show ride share (Uber) income under PSI (P8) and deductions relating to ride share (Uber) under deductions (Other deductions)

Whether I have to show the “Net Income or Loss” from ride share (Uber) as a single line number under PSI(P8)?

Appreciate if someone could clarify the above. If the above mentioned is not the correct way of showing the rideshare income please let me know the correct way to bring the ride share (Uber) income / loss to my Income Tax return.

I have considered Income and expenses net of GST for the Income tax return.

Cents per KM method

MJUber — Mon, 19 Aug 2019 04:41:08 GMT

Just wondering whether 5,000km limit is "per car" or for each income producing business activity. e.g. I have a full time job and I need to travel to Canberra for business purpose and also I work as a part time ridesharing (Uber) driver. Can I claim 4,100km under my work related car expenses and another 2,500 km under ridesharing?

I need a clarification whether it is for each business activity (say I run 3 businesses using the car) or irrespective of number of busineses and work related, I could claim maximum 5,000km per car.

The following from ATO website. Does that mean my wife and I both can claim 5,000km per car doing our own businesses using a single car and not 5,000km for each separate business activities?

Where you and another joint owner use the car for separate income-producing purposes, you can each claim up to a maximum of 5,000 business kilometres.

https://www.ato.gov.au/individuals/income-and-deductions/deductions-you-can-claim/vehicle-and-travel-expenses/car-expenses/

UBER Eats by bike

jsilva — Wed, 14 Aug 2019 00:26:09 GMT

Hi All,

I am lodging my first tax return and I have a question about uber eats, I did uber eats by bike and I am not sure how to lodge this income on my tax return, do you have any tutorial or video where I can find how to fill this information.

Thanks.

Commercial Rate

elena75 — Tue, 13 Aug 2019 00:02:53 GMT

Hi, where can I find the commercial interest rate to use when calculating the loan interest repayment from a Business to his director?

Declaring rent received from housemate (sub-tenant)

Alice1851 — Sun, 11 Aug 2019 06:56:44 GMT

Hi,
I’m currently renting a two bedroom unit. I have written approval from the landlord to sublet the second bedroom. I have sublet this room to a housemate. Do I need to declare my housemate’s rent, paid to me, as part of my income tax return? Given that I do not own the property?
I could only find references to landlords who own the property, not landlords like myself who are renting it and then subletting one bedroom.
Thank you

GST Registration for Private Transport Service

JakeA — Sun, 11 Aug 2019 02:32:24 GMT

Hi,

I was wondering if I could gain some clarification regarding GST responsibilities for my situation:

I have registered for an ABN to provide private transport services (similar to taxis and Ubers) to a select few people; and I am not using Uber or any other similar platform, instead gaining business privately through word-of-mouth . In this case, would I still be liable to register and pay GST? All the info on the ATO website is directed towards people utilising ride-sharing platforms to gain business, not privately like I plan to.

Any and all advice would be greatly appreciated.

Thanks!

Franking Credits Auto Pilot

TerryB — Fri, 09 Aug 2019 04:42:40 GMT

Last year my wife was in the Pilot for the auto refund of franking credits. We haven’t bothered initiating a refund this year as we thought the auto refund pilot would continue for the 2018/19 year. Could someone please clarify

I don't have provision to declare my uber eats income

RAMPAL2610 — Sun, 04 Aug 2019 10:10:05 GMT

Hi,

I am a full time employee. 6 months before, I was having hard time so I drove ubereats delivery driver. That time , I don't have an ABN. Now, it's my time to file tax return. I found that without an ABN, I can't declare my ubereats income. Hence , I applied for an ABN. My ABN has been linked to my.gov account.

But the weirdest thing is I don't know how to declare my ubereats income. When I try to add to my income, it asks for payers name and ABN, which is not applicable for ubereats. As I applied for ABN income recently, it doesn't have any details about my past income. So if I apply without it, it's tax evading , which I don't want to do. But, I don't have an option to file a tax return with it. Any answers appriciated . Thanks

Uber eats

Plflynn — Fri, 26 Jul 2019 17:12:57 GMT

Just seeing about my km if I finish my full time work to pick up Uber eats I can put it down for Uber eats or when I did pick up the food to the location for Uber eats & when I finish one & pick up one more or have to wait when I pick up the food as I’m new to Uber eats & do I need to be registered for GST or not as I already have the abn number on & just seeing that what can I get

AirB&B and GST

Pollykeung — Fri, 26 Jul 2019 00:58:45 GMT

Hi there,

I understand that if I rent out part of house as AirB&B is not subject to GST. How about if I rent different "residential" units from different landlords and run a business for AirB&B, do I need to charge GST on the rental income?

On the other hand, can I claim GST credits on running this AirB&B business?

Thanks

UberEats - Bicycle deductions business vs personal

TaxLearner — Mon, 22 Jul 2019 03:43:53 GMT

Dear ATO Team

Last October I bought an electric bicycle for delivering food orders as a sole trader. I have ridden more than 5,000 km so far according to the odometer. I also use the bicycle for personal use (for example riding to uni 6km return). According to this, I estimated it is 90% business use.

Can I claim a deduction for buying this asset, and maintenance expenses according to my calculations? Or, do I need more support? I know the rules for car expenses. But, how is it for electric bicycles?

Thanks

Paulina

BAS on residential Airbnb

JennyL — Sat, 20 Jul 2019 16:27:25 GMT

An entity (Trust) registered for GST to run Airbnb business on a number of residential properties. As GST is non applicable to both related rental income and expenses, and assume there’s no PAYGW is required, there’s no employees, does this Trust business need to lodge BAS?
Thank you :-)!

Lodging a BAS

ddavid — Fri, 19 Jul 2019 07:04:38 GMT

I lodge a BAS and have two jobs. I need to know if I need to pay more tax on my second job? Where can I lodge this if I need to pay more money?

Sold Car for used for Uber and Personal use

Nads-1978 — Tue, 16 Jul 2019 04:35:10 GMT

Hi All,

Need help. Please.

I bought my car in Jan-2018 and started driving Uber. As it was privately bought therefore no GST claimed.

The porportion of Uber use was depreciated in Tax return for 2018.

Now I have sold my car in Jan-2019. Again to student privately.

I am assuming I don't have to pay GST on sells value?

Do I have to mention the sell value (Uber proportion) as income in my QTR3 BAS?

The car I bought in Jan-2019 was again a private buy therefore no GST to be claimed?

Do I have to mention the purcahse value (Uber proportion) as Expense in QTR3 BAS?

I am aware where to mention the Asset write off for 2019 Tax return for car I bought in Jan-2019

Where do I mention the proportionate Sell amount of my Old car?

Thanks

Nadeem

Didi and OLA Bas

Asela — Sun, 14 Jul 2019 08:22:27 GMT

Could you please confirm Do we have to pay GST for Didi and OLA, I heard they are already paying GST for drivers, not like UBER, So please confirm do we need to pay GST for Didi and OLA.

Uber Eats Car Depreciation

aliens — Tue, 09 Jul 2019 09:13:04 GMT

I started Uber Eats deliveries in November 2018 using my vehicle I purchased in 2016.

Can I claim a deduction in depreciating value? If so, how do I work out the deduction?

I tried using the ATO tool however I am very confused at all the dates and figures and what to use/enter.

Is there another way I can calculate what value I can use as a deduction other than the ATO calculator? If not is someone able to assist me?

Uber

UberWife — Sun, 30 Jun 2019 12:03:29 GMT

Help please! Husband is an Uber Driver. He is trying to do My Tax online tonight and last year his job description by agent was Uber Driver but this year it won’t allow him to list Uber Driver - it only comes up with Taxi (owner operator)??

Uber not providing a tax invoice

DumDeeDah — Mon, 24 Jun 2019 05:19:45 GMT

Hello,

I have been chasing Uber for a few weeks now to get a tax invoice on a trip. As it is a business trip I need the invoice for my employer.

Typically I can download them but they have an error on their system where there is a day that invoices can't be downloaded - so I cannot get hold of it. They appear to be not doing a lot to resolve this matter.

My understanding is that businesses are required to issue Tax Invoices in a timely manner. Is there some sort of ATO complaints dept that I can lodge this with? I am spending hours chasing this up each week and end of the financial year is soon here and I need it sorted by then.

Thanks for your assistance.

Regards

Sharing expense

ozson — Thu, 20 Jun 2019 14:00:17 GMT

Hi,

Thanks for any help.

I contract for an over seas company as thier australian customer service department.

But the company gives me money to pay for the office rent and for all Australian expenses. As a reimbursment.

Also, to save on foreign extange rates with banking, my company accepts payment in AUD from thier customers then transfer the money to thier account.

Which part of this does the tax go to?

To the ATO or the IRS?

Mobile Phones - Apportioning Costs

beachnik — Wed, 15 May 2019 02:39:47 GMT

It seems from all the threads on this topic that the only acceptable record-keeping to apportion costs of mobile phone plans is using voice calls. Is this correct? This seems unreasonable given that the largest cost of many plans these days is data usage, and there are workers (eg. Uber drivers) that require data to do their job at all but rarely make work related calls at all.

uber

SamVella — Mon, 15 Apr 2019 08:55:05 GMT

My husband has just commenced driving for uber as of September 2018, our question is can we operate under our company name with using the company ABN or does he need to operate as a sole trader? The reason asked is because the car he drives is owned under the company.

A second question is Are tips and bonuses GST applicable?

Tax free on pension streem over 60 y. old

wikary — Wed, 17 Apr 2019 22:43:56 GMT

I receive a fortnightly pension stream via my pps superannuation fund. I reached 60 y.old in September 2016. Few months later did some uber extra income for few months. Tax return for this period of time was calculated as my super income plus uber income, which made me pay few thousand $ to taxman. I was thinking that uber job will be calculated as first 18k free tax, as pension is tax free. Where is the true ?

GST on Tips paid by Uber for Ride Sharing

Roborider — Tue, 23 Apr 2019 00:52:48 GMT

I would like to know whether GST is payable on tips paid by passengers to drivers for ride sharing service through Uber? To clarify the situation, passengers are given an option to tip a driver at the end of a trip. If they elect to tip the money ic collected by Uber and then paid to the driver. Uber do not charge any commission on the tips. Under the agreement with Uber, Uber invoice and collect the money on behalf of the driver who they categorise as an independent contractor. Receipts are issued to the passenger by Uber on behalf of the driver (business provider details on the receipt are the driver's not Uber's)

Thanks

GST on Uber charges and services

vaea — Wed, 27 Mar 2019 05:25:42 GMT

Hi, we are registered for GST. Our employees are using Uber to go to different places. On the Uber receipt there is 1/a Uber charge and2/ a service fee (toll fee or airport fee), are they both subject to GST? or just the Uber charge?

I am asking because sometimes on the normal taxi receipt, the GST is only applicable to the Cab charge not the service fee.( and I would like to know why?)

Thank you for your help!

Vaea

Airbnb in rented house

Peterppp — Tue, 05 Mar 2019 23:19:58 GMT

Hi There

We rented a property last year (2 bed 2 bath) and on agreement with the landlord, we rented out the spare room through AirBNB rather than getting a full time tenant.

Now we are trying to do our tax return but we don't know how to properly declare our AirBNB income, as all of the rental income/share economy sections only apply if you are the Owner of the house.

Is there any way to declare this income, so that we can pay the appropriate tax?

Do we fill out the forms as if we are the owner of the property for tax purposes?

Thanks!

Tax for Uber eats

Shaniah2511 — Thu, 28 Feb 2019 06:38:24 GMT

Hello, I’ve been driving for Uber eats for a week and have just been paid I also have a full time job. I’m just wondering do I have to pay tax for my Uber eats driving and how?

thanks

UBER Fuel Tax Credits

Dasher — Wed, 13 Feb 2019 02:36:28 GMT

Can an UBER Driver Claim Fuel Credits on Desiel Fuel used in the Operation.

Offset losses against Primary Income / GST Question

albina — Mon, 18 Feb 2019 00:06:59 GMT

Hi All,

Just after a some information for my husband who drives for Uber Part time, and has a full-time standard salary role, if someone can provide some help that would be very much appreciated! He has kept a logbook for 3 months and has determined his business/personal use percentage.

1. He purchased a car to drive for Uber in Q2, can the GST component of the car purchase be put/claimed entirely in the Q2 BAS lodgement? All other costs we would figure the GST component gets input in the business quarter the cost is incurred in, but the car being a larger item just thought to check.

2. Can he offset his Uber business losses against his full-time salaried role come tax return time? At this stage he is on track to earn around 15-16k by EOFY, this would fail the assessable income test as per: https://www.ato.gov.au/business/non-commercial-losses/four-tests

However, this page also has a criteria for Part year trading - now, as my husband only started driving for Uber, and got his ABN in Q2 in October (Just moved back to cuntry), we would estimate had he started 3 months earlier, he would have easily met the 20k assessable income test based on the weekly/monthly revenue he has seen October till now. Is this, our reasonable estimate, enough merit to offset his business losses against his full-time salaried role?

Thank you in advance!

---------------

Part year trading

If you were in business for less than a year, or you stopped carrying on your business activity during the year, you can make a reasonable estimate of what your assessable income would have been for that full year. If that amount is greater than $20,000 then you are considered to have met the assessable income test.

free tax holder

JorgeC — Wed, 30 Jan 2019 00:59:49 GMT

Actually I have a ABN, because I'm sole trader (carpet cleaner), but from now in meantime I need to mix my time free like Uber driver. Can I mix the two activities with de same ABN? what hapen with carpet cleaning business (free tax holeder), How I can upgrate for GST?

Than kyou

Is AirBnB rental income or business income ?

bgroper — Mon, 17 Dec 2018 00:56:27 GMT

Hi there

I'm earning some income from the sharing economy, specifically AirBnB, but have no other taxable income.

Not sure whether I need to lodge any tax return/s, and thinking of tax lodgement threshhold of $18,200.

Is AirBnB "rental" or "business" income ?

If business income, then tax return lodgment/s are required regardless of threshhold.

If rental income, is the income test for lodgement applied to Gross rental income (before expenses), OR Net rental income (after expenses).

This will determine whether I need to fill up the form/s and make the lodgement/s.

I'm really hoping to avoid this unnecessary irritant.

Uber driver

sarahb — Fri, 11 Jan 2019 00:46:54 GMT

I have been an uber driver for most of last financial year as my primary income.

I cant find the answer to these questions anywhere Please help?

Do I enter my income in the area where you would enter employer provided income (payment summaries) or do I enter it as a PSI under sole trader section.

After doing the yest I believe PSI applies?

Second question is can I claim depreciation of my car? I believe I can but where do I enter this info?

UberEats income

Laugrec20 — Fri, 11 Jan 2019 01:16:04 GMT

For declaring UberEats income. Should i declare as a soletrader, primary busoness income?
Thank you,

Reporting shared income from Airbnb listing

TB — Fri, 11 Jan 2019 01:43:15 GMT

Hi,

My partner and I share the rent on a two bedroom apartmnent. This year we have been renting out our second room on Airbnb.

We share all income and expenses. Airbnb pays into a Paypal account in my name which in turn is paid into our joint bank account. However, the account listing itself is in my partner's name.

I'm unsure how we report this - in practical terms the income and expenses are shared 50/50. I'm aware that Airbnb shares data with the ATO and will likely indicate that my partner earned all of our rental income. I'm concerned that if we each report half the income (and half the expenses) as is the practical reality, then the ATO will catch her for underreporting.

Anyone have any guidance on this rather convoluted arrangement?

Thanks

Claiming AirBNB Accommodation On Tax?

s4mmy — Sat, 17 Nov 2018 06:27:41 GMT

Hi, I take business trips regularly. Can I claim my stay at an AirBNB on tax as a work related expense? Their receipts have a VAT number instead of an ABN.

AirBNB receipts

Sandraheal — Wed, 07 Nov 2018 03:14:16 GMT

Does the ABN accept an AirBNB receipt as evidence of an business expense incurred. We book a lot of accommodation for staff during the operation of our our business and wish to use the AirBNB site, but am unsure whether we can correctly claim the expense as a tax deduction, when only a receipt is provided, not an invoice. I am fully aware that no GST is incurred or claimable. Thankyou.

Ride-sharing and instant asset (car) write-off

JY28 — Sun, 28 Oct 2018 08:12:44 GMT

Hi,

Good day to all! I am a uber driver, I have bought a used Toyota Camry (2016) in January 2018 for $20,000 (no GST) from a private seller for uber and private usage.

Can I declare a "Instant Asset write-off" deduction in my Income Tax Return for FY 2017- 2017 and forget/ forgo about the depression values in the future FY? If yes, how do I do that? Is Uber ride-sharing considered as a small business entity?

Thanks for your advice.

Is GST applicable on an Airbnb Apartment

David4761 — Tue, 23 Oct 2018 22:49:37 GMT

I have an Apartment which is Rented out via Airbnb. the Entity Owner is registered for GST. Airbnb do not charge the Guest GST on their invoice and as a consequence do not charge me. Am I required to declare GST on the Income and claim GST on the Expences?

AirBNB homeownership question

Uraha — Tue, 23 Oct 2018 11:14:05 GMT

Hello all,

I have a situation which is not the norm. I have an apartment that i was doing AirBnb for 2 months and stopped because I didn't like it.

The apartment is under my mum's and my name but the AirBnb was all handled by my husband, using his AirBnb account. So I'm filling out the rental income and it asked ownership percentage. Technically the apartment is 50% mum and 50% me but since my mum lives overseas (not residence). All the rent I had on Airbnb has been going to me only.

The bills are under my husband and my name if that makes any difference.

So how should i declare this income? At ownership fill in 100% since I'm making all the money

Fill in 50% but that would mean the other 50% isn't paid. Which doesn't seem right

I fill in 50% and my husband fills in 50%, this doesn't seem right as well since his name is not on the title

Could someone clarify this for me?

Thanks

Uber Eats Deliveries

crigharr — Tue, 23 Oct 2018 08:27:32 GMT

Hi,

I have just signed up for uber eats deliveries and have just completed my first week of delivering. I have a couple of tax related questions though.

1. Do I need to request an ABN? I am doing this part-time while studying and do not expect to exceed the tax-free threshold. I also work another casual position as a pesonal carer.

2. How do I report my income to centrelink? Do I use a company ABN (if so, what is the Uber Eats ABN?) or do I use my ABN (if I need to make one)?

3. If I need to pay tax (given it is a second job) how do I set up PAYG?

4. What else do I need to know tax wise?

- crigharr

Ubereats Driver without an ABN

macfanboy — Fri, 11 Jan 2019 05:13:06 GMT

Just curious what are the disadvantages or problems with an Ubereats driver not having an ABN.

Just met somebody who was told by Ubereats that they DO NOT need to have an ABN and most of the contractors do not have one.

Can you claim more with an ABN, small business offset etc.

Different work situation - new log book?

albina — Tue, 23 Oct 2018 03:46:28 GMT

Hi everyone,

My partner is an Uber driver and he's kept a log book for 12 weeks (as per ATO guidelines) in order to figure out the percentage of business vs personal usage of his car. Now he's planning to start a full-time job, but will continue to do Uber part-time.

Does it mean he will need a new log book, since the amount of his trips for Uber will significantly decrease? What is the best way to calculate the correct percentage of trips for business for the whole financial year?

Thank you very much in advance.

Uber incometax calculate

Sontrang — Tue, 16 Oct 2018 01:03:23 GMT

Can you list all of fees that i can calculate on uber incomtax ? Is that included the amount of money i paid for GST Quarter ?
Thanks for your help.

Tax statement ridesharing

rahmes — Wed, 10 Oct 2018 00:56:49 GMT

Hi Ato, we have few ride sharing operator apart from Uber, such as Ola and Didi, they seems to unaware that the need to provide tax statement to us on timely basis for us to complete the BAS return. For example, OLA is onyl going to release their tax statement on 24.10.2018 via registered mail to and Didi is not committal till now on their.

What we do in this situation, does ATO pay attention to this where we are contractor stuck in between ATO and ride share operator. Could ATO impose strict requirement to these operator? For us to declare and pay tax & GST, we need a detailed tax summary

UBER ride

rm — Thu, 04 Oct 2018 11:41:55 GMT

hi,

q1: Am i right in saying that you have to register for GST as soon as you commence with UBER ride?

Q2: Am i right in saying that because i purchased a new car before commencing with UBER ride, i am not entitled to the GST credit on the new car?

Q3: does cost for motor vehicle depreciation used for uber ride include the motor vehicle tax?

thanks

Renting out part or all of your home

Katrina1 — Mon, 24 Sep 2018 04:10:06 GMT

I'm a tenant of a 2 bedroom apartment which i live in, and I have sub-let one of the rooms through Airbnb. I know I need to declare the income I received in my tax return, but can I claim a portion of my rent expense as a deduction?

uber driver Car

stevejoonjoon — Thu, 20 Sep 2018 23:29:29 GMT

hello i been driver for uber full time last year and I inherent my car from my mom , can i depreciated my car for tax deduction ?

UberEats

DiegoAguilera — Thu, 13 Sep 2018 14:00:04 GMT

Hello

I have an important question.

I'm preparing my tax return through Australian goverment page myGov. I have TFN and everything is clear in this step, but I worked as delivery rider by bicycle in UberEats and I don't know how to include this information into the tax return form. Anyone can help me? Thanks

Business Km

SNG81 — Tue, 11 Sep 2018 02:22:02 GMT

One person is working in a job and side by side driving uber.

statement from uber shows he has done 2500 km

while preparing his business sheet, can we claim cents by km in the business sheet as a client don't have a logbook or what treatment should be done in this case.

UBER eats tax

sophieburdeu — Sun, 09 Sep 2018 01:20:21 GMT

Hi, my partner has recently started doing uber eats deliveries (only that) and we are just confused as to what we need to prepare for tax time. He is currently putting away 20% tax and keeping a log book/ fuel receipts. He doesn’t have and ABN or registered for gts, are these things he need to do?
he is earning about $500-$600 / week (this is his only source of income)

Passing on Uber Eats charges to Hotel Guests

Assured-One — Fri, 07 Sep 2018 09:11:08 GMT

How should a hotel that provides it's guests the service of coordinating their Uber Eats Food deliveries, on charge for the full cost of the food and the delivery fee. So for example if the food cost was $30 and the delivery cost is $5, how will this appear on the guests bill assuming that the hotel has paid for the Food and delivery fee up front and needs to claim back it's cost directly from the guest.

What is the breakdown of the cost including GST and is this seen as a sale or simply recouping the cost to the hotel?

Thanks

Starting work for ubereats

tommo262 — Sat, 25 Aug 2018 10:47:06 GMT

Hi,

I've just signed up with ubereats to start delivering food for them, and just wanted to know what I am ment to do for tax. Should I be applying for an ABN but not GST? And how do I manage the tax throughout the year?

Thanks.

UberEats Food Delivery Tax Return

ANTM8EL4 — Thu, 23 Aug 2018 12:49:01 GMT

Hi ATOCommunity,

I need to do tax return for uber eats food delivery service ASAP, also it's my first time to do tax return in Australia.

Can you please give me the steps from the start to the end from myTax (Personalise return) of ATO?

Does it belong to "You were a sole trader or had business income or losses, partnership or trust distributions (not from a managed fund)" > "Business/Sole trader income or loss" that option?

I really have no clue...

Thanks for your time.

What is my taxable income in uber eats.

lavakiran95 — Wed, 08 Aug 2018 13:31:46 GMT

Hello,

I am working as a uber eats food delivery driver and I would like to understand the income I should declare while filing the tax returns. There are three components which I see when I download a tax summary from uber website. The three items are Fare break down, other income breakdown, and other potential deductions.

Also I have a ABN but never linked it with a uber eats account. The website does not allow me to link my ABN with my uber eats account unless my income is more than 75k. What should I do in this case ?

Regards,

Lava

Airbnb subletting - Do I have to divide income and expenses between leaseholders?

chillibean — Sun, 05 Aug 2018 19:06:20 GMT

I live in a three bedroom house with two other people on the lease (a guarantor and a housemate). My housemate wants to move out and I would like to put the rooms on airbnb or similar website. My question is do I have to divide the income and expenses on my tax return with my guarantor and my soon to be ex-housemate's tax returns if they remain on the lease?

This ATO page https://www.ato.gov.au/Individuals/Tax-return/2017/In-detail/Publications/Rental-properties-2017/?page=4 is about the division of income and expenses according to legal interest in a rental property when it is owned by the income earner. This is what has me confused. Does this page also apply to a short term rental of a residential property that is leased by the earner of the income rather than owned?

Even if the real estate agent allows me to remove my housemate without adding an extra name in a lease transfer I would still have a guarantor on the lease who would have nothing to do with earning the airbnb income at all, does not live at the property and does not contribute towards rent. They don't even know of my intention to put the property on airbnb yet, although I suppose they would need to know come tax time if they had income to declare and expenses to deduct!

Also if I advertise all year and stay elsewhere whenever someone wants to rent the whole house - or if three separate people want three separate rooms at the same time - can I claim 100% of rent as an expense?

Thanks.

Buying a new car for Uber and prepare for instant asset write-off

Foto2018 — Wed, 01 Aug 2018 05:52:36 GMT

Hi,

I am currently working as a part time Uber driver using my current old car. I understood that the small busienss instant asset write-off is now extended to 30 June 2019. (Please correct me if wrong).

I might consider buying a new car within FY19 to continuously work with Uber. I will only use one car for Uber so when I buy the new car I will stop using the old car for Uber.

My questions are:

1. I already had ABN and registered with GST. Do I have to get ACN for the instant asset write-off?

2. My understanding is that the $20,000 doesn't include GST. But if it will be a problem if the total car price (GST invlusive) over $20,000? Say, total car price is $21,500? This is because there are less options to buy a new sedan for pricing under $20,000.

3. I am currently keeping a logbook for my current car (for at least 12 weeks). Should I create another logbook for the new car, or I can use the same one?

4. If a new logbook is required and if I buy the new car from around May 2019 to the end of June 2019, can I keep the new logbook for 12 weeks from the date that it is first used for Uber (it will across two financial years, for example, I bought new car on 20 May 2019 and I start using it for Uber on 25 May 2019, and I keep a new logbook for 12 weeks since 25 May 2019) and am I still eligible to do instance asset write-off for FY19?

I look forward to your advises.

Thanks

BAS statement with annual payment items

Foto2018 — Thu, 26 Jul 2018 04:30:23 GMT

Hi,

I am Uber driver and I have a generic question about the BAS statement.

The Rego/Insurance are usually paid on annual basis. Should I claim the GST of the full year amount just in one quarter, or allocate the full year amount (divide by 4) into each quarterly BAS?

Thank you

GST for UBER eats driver

rtahmasb — Thu, 19 Jul 2018 04:30:50 GMT

I was working for about 3.5 months as UBER eats driver. I have registered for ABN and GST but I do not know about GST. Should I pay GST as I was delivering food, not people.

Your help is much appreciated in advance.

GST car used

daniel66 — Tue, 17 Jul 2018 02:59:26 GMT

If I bought a used car for Uber, I can claim the GST?

UberEATS - Pushbike tax questions

Tristan — Mon, 16 Jul 2018 09:11:31 GMT

Hi there,

Love this community idea, didn’t even know it existed. I’d just like to start with this. I know there have been posts about UberEATS on this forum in the past but I feel that the questions I have have not been satisfactorily answer whilst searching through those posts and I am hoping that when people like myself are searching for this information that this will help them on their journey. I have been considering signing up for UberEATS only and doing this via a pushbike. I have a few questions which I have listed below which I am hoping I might be able to get some answers to. After doing some research on both the ATO community forum, information section of the ATO website (including the ‘working in the sharing economy’ information section), the general “interwebs” and previous experience these are the questions I feel I can’t find an answer to or am not confident in the answers that I found.

I am quite hesitant about delivering for UberEATS primarily from the sour taste that was left in my mouth from when I did Deliveroo, however the money, although not much, is enticing to me. The reason I am very hesitant about this is as a Deliveroo rider (pushbike) I was required to have an ABN, I tentatively signed up and earnt roughly (can’t remember exactly) $50 in total before my ABN was cancelled by the ATO because I don't require it as I should be considered an employee not a contractor. End of the financial year rolls around and log my BAS statement (which was confusing enough as it is) and ended up owing like $110 (or something to that effect) on top of my personal income, which I was quite shocked to find. I’m not sure why it was like that but you know, bit the bullet and did what I needed to do.

So please, any information/help relating to the subject on tax relating to the shared economy would be super helpful as a lot of the information on the internet is here say (I feel).

Do I need an ABN if I'm doing UberEATS via pushbike only?
How do I know if I am "carrying on an enterprise"? Is this if I am earning over $75,000p/y? If so is this inclusive of my full-time job income where tax is deducted by default?
Do I need to Register for GST if I'm only using the UberEATS application and no intention of providing any other billable services to users/clients?
Will I need to lodge a BAS if I don't require an ABN? If not, how should I be lodging this? Via my personal tax return?
Will my full-time job income affect how much tax I have to pay relating to both my UberEATS part time job and my full-time job? As an example, let’s say I earn $55,000 per year at my full-time job, and I then earn say $5,000 at UberEATS over the course of the finical year. Will I still have to pay additional tax on top of that or does this fall into the "Tax Free Thresh hold" of $18,200 (I believe)?
Following on from the above example let’s say I earn $37,000 per year (being in the first bracket I begin to pay tax in) and I earn $5,000 via UberEATS. Will this push me into the next tax bracket? If so will I have to make up the difference in the tax already paid on my full-time income?
If my full-time job pays me $74,000 per year and I earn $5,000 per year, am I still required to apply for an ABN as money earned via UberEATS was only $5,000 but my total income (inclusive of my full-time job) would have tipped over the $75,000 thresh hold?
As a pushbike rider delivering only UberEATS is there anything special I need to know considering I won't fall under the "Ride-Sourcing" catagory I belive?
As a pushbike rider am I required to keep a log book of KM's travelled as proof should I require new tires/tubes or other wear/tear and maintenance on the bike for claiming on tax?
If I claim something for my full-time job such as mobile phone use (Which I do) am I also able to claim a portion of that for UberEATS?
As a guide how much (percentage wise) do you/anyone feel I should be putting aside for tax per paid delivery?
Is there anything else I should know before jumping into this?

Once again thank you for your help and taking the time to read this. 😊 If I have any more questions I’ll post them in the comments section.

Kind regards,

Tristan

EDIT: Added number listing

Does money earnt by working as a ride-share driver count as personal services income?

Josh1603 — Sat, 14 Jul 2018 01:10:16 GMT

Does money earnt by working as a ride-share driver count as personal services income?

From what I can tell it does and it passes the results test. Can anyone confirm this?

Declaration of income

Lil1978 — Tue, 10 Jul 2018 06:18:30 GMT

Hi there,

My friend does Uber Eats and we were wondering if he has to declare his Uber Eats income?

Also, does he need to register for GST?

Just for clarification, my friend has a full-time permanent job, where he earns a salary.

Thank you.

Uber eats Australia

Varder — Mon, 09 Jul 2018 06:29:00 GMT

Hi do you need lodge a tax return for doing uber eats only, have a registered ABN but no gst required, have earnt under a thousand dollar's in the past couple month's.

UberEats - what is my turnover for GST purposes?

Raman1989 — Mon, 09 Jul 2018 02:49:16 GMT

Hi
My name is raman
I drives only uber eats
I want to know which is my turnover for my GST purpose ?
Is this sum of the amount that i got weakly in my bank account after deducting uber fee
Or it’s is sum of the amount shown in my uber account under the section of tax summary that is written as gross uber fairs
Because I’m getting confused
Thanks

UberEats

Gica — Fri, 29 Jun 2018 09:01:13 GMT

Hello everyone!
I'm not sure how should I declare my incomes from UberEats, as I just delivery food. Some people are saying that is better to create an ABN and declare as a service but I'm not sure it's the right thing to do.
Can someone please help me with that?
Thanks a lot.

Travel from work place to client

Mgcsydney — Thu, 28 Jun 2018 02:28:33 GMT

I often travel from my workplace to clients houses or offices for on site consulting regarding Furniture purchases via Uber at my expense. I have not been reimbursed by my employer for the travel and have kept records via the ATO app please confirm that I am able to deduct this expense

Uber (part-time) - Which ANZSIC code to use?

PP1 — Tue, 26 Jun 2018 01:38:33 GMT

Hello ATO/Tax experts, hope you can help me.

I drive part time for Uber. It is not my primary source of income.

I registered for an ABN and for GST to be ATO compliant, however, fear I have selected the wrong ANZSIC code during my ABN registration.

Could someone please confirm:

Which ANZSIC code should I be using against my ABN when driving for Uber part time?

Your help appreciated, thank you.

Regards,

Paul

Paying tax as Uber Eats Driver

far_a_khan — Sun, 24 Jun 2018 03:54:25 GMT

I worked as Uber Eats driver last year for 2 months only (Sept-Oct 2017). I could not register for ABN that time. Now I have just registered for ABN and it is linked to my tax account. Can someone advice me on following three points?

1- If I have earned around $ 1700 during whole financial year as Uber Eats then how much tax I have to pay?

2- Do I simply have to pay tax amount using my online tax account and it will automatically adjusted in final tax return?

3- Before working as Uber Eats Driver, I was working with an organisation on casual basis. Because I worked as casual staff and not getting enough earning, I started Uber Eats. Now I am working as a full time employee and not continuing Uber Eats. How will it effect tax due for Uber Eats?

Appreciate if someone guide me on above three points.

uber payments through a business

Steve2 — Wed, 13 Jun 2018 00:10:09 GMT

Hi,

i have a business (Private Company with abn) and have just signed up for Uber. can my driving and income (all of it) be put through the business rather than my personal tax?

Register for GST

Gavi_kalia — Wed, 09 May 2018 05:26:10 GMT

Hi there, I am doing a full time job on TFN. And I am planning to do Uber eats delivery just for some extra money. Do I have to register for GST and pay GST?
My total yearly income will be over $75000 from my full time job (on TFN) and my second job Uber eats (ABN).
Plz advice

GST

Mehran — Tue, 08 May 2018 23:18:58 GMT

Hi, recently I got email from uber that I need to register for GST. Because Im driving uber just on weekend and during weekdays Im working in construction on ABN and my income from uber and construction is below $70000 per year. If I register for GST for uber is that gonna effect to my construction income as well? Like do I have to pay 10% of my construction income for GST too?

UberEats

TAB — Sun, 06 May 2018 12:43:00 GMT

Hello,

I am a bookkeeper for a restaurant that uses UberEats. UberEats are not registered for GST as they are a foreign entity. They charge 35% on orders and deliveries. I understand that GST is paid by the customer to the restaurant via UberEats (who do not collect or pay the GST), but am confused as to why there is VAT withheld on the UberEats statement to the restaurant. Are UberEats entitled to deduct VAT from the payments received from customers before passing them on to the restaurant? I would have thought they should pay the VAT out of the 35% fee they received. If they are entitled to withhold VAT, how do I account for this in the accounting system used by my client? I am quite confused by this and would really appreciate any help provided!

Thanks,

Theresa

Business vehicle depreciation (Uber driver)

ricdam — Wed, 25 Apr 2018 02:39:58 GMT

Hi there,

As an Uber driver, am I right to say that simplified depreciation rules (instant asset write-off for vehicles under $20,000, and pooled assets for vehicles over $20,000) is only applicable if I purchase a vehicle after starting to driver for Uber? Which means, if I already owned a car before starting driving for Uber, I can only apply general depreciation rules (prime cost or diminishing value methods)? Is my understanding correct?

Also, if I purchased a car after starting to drive for Uber, can I still use the general depreciation rules (prime cost or diminishing value methods), or I must use simplified depreciation rules (instant asset write-off for vehicles under $20,000, and pooled assets for vehicles over $20,000)?

Thanks

Tax receipts

mcm — Sat, 14 Apr 2018 11:10:27 GMT

I have a question about tax invoices.

Specifically invoices from uber eats.
When I place an order, the amount I'm charged is correct to the amount on the order. You also receive an email 'receipt'. Though the receipt is just an email with the total charge. It doesn't list the gst or abn.

When you log in to uber and click on download tax invoice. The invoice generated is almost always a couple dollars less than what was paid.

What obligations does a company have to issue a correct tax invoice and who do I follow this up with.
I've approached the company regarding several invoice discrepancies. They attempted to fix one but not the rest and the one they fixed no longer broke down the costs into food and delivery as the original one did.

Uber Eats delivery drivers

Jennifer — Fri, 13 Apr 2018 02:10:01 GMT

What is the best way to account for the GST adjustment for Uber Eats statements?

For example, a regular statement has the following:

Food Sales (including GST) - Standard

Price Adjustment (including GST) - Standard

Uber Fee (including GST) - Standard

GST adjustment - this amount (according to Uber) and can be over $200 per statement relates to "GST charged by Uber, NOT paid to the driver because he/she IS NOT registered for GST. Therefore Uber is giving this money to the franchisee/business that supplied the food for them to pay back to the ATO as it is purely a GST element".

2 x questions - why aren't the Uber drivers registered for GST and why don't Uber pay the GST withheld directly to the ATO.

Does anyone have a simple answer on how to report/record this GST in MYOB?

Subleasing and Airbnb

ranma21 — Thu, 12 Apr 2018 10:12:32 GMT

Dear ATO community ,

I am a tenant of a 2 bedroom apartment which i live in , and I have sub-let one of the room through Airbnb , Do i need to declare the money I received from my Guest on my Tax return , if yes , where should i delcare it at ?

Thank you very much.

Regards,

Ranma

Airbnb and GST

ranma21 — Thu, 12 Apr 2018 10:09:21 GMT

Dear ATO Coummunity,

I know that if I rent out my home via Airbnb , I don't have to charge and pay GST for the rent collected, because the rental income will be input-taxed.

However, my question is that what if I lease out , say , 10 to 20 aparments from individual landloards across Sydney, and start renting all them out to Tourist via Airbnb, in this instance , I think I am carrying on a business , what will be the tax consquence ?

Do I need to Charge GST on the rental income ? I know i will not be able to claim any GST credit on the rental payment I make to the landloard since these are input-taxed.

Thank you very much for your help.

Regards,

Ranma