I resentaly joind Ubar Eats and Doordash and was wondering If inderpemndent contractors Can clame Fotrr Expences such as Fule and repaies and other exspences AS im saveing up to Buyt a Scooter
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6,972 views1 replies
1 replies
6,972 views
1 replies
Hi @WayneC,
There's heaps of things you can claim for your sole trader business, so long as it meets the three rules for deductions:
- The expense must have been for your business, not for private use.
- If the expense is for a mix of business and private use, you can only claim the portion that is used for your business.
- You must have records to prove it.
You can claim motor vehicle expenses like fuel, insurance, repairs, and registration.
You can claim operating expenses like bank fees, interest on business loans, and subscription fees.
Check out the links for other things you can claim. :)
All replies
Hi @WayneC,
There's heaps of things you can claim for your sole trader business, so long as it meets the three rules for deductions:
- The expense must have been for your business, not for private use.
- If the expense is for a mix of business and private use, you can only claim the portion that is used for your business.
- You must have records to prove it.
You can claim motor vehicle expenses like fuel, insurance, repairs, and registration.
You can claim operating expenses like bank fees, interest on business loans, and subscription fees.
Check out the links for other things you can claim. :)