Provide ride-sourcing services

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  • February 24, 2017

The Federal Court has agreed that ride-sourcing is taxi travel.

If you have a ride-sourcing enterprise, we want to help you get your tax right. You need to:

  • keep records
  • have an Australian business number (ABN)be registered for goods and services tax (GST), regardless of how much you earn
  • lodge business activity statements (BAS) pay the GST portion of the full fare received from passengers for each trip you provide
  • include your income from ride-sourcing in your income tax returns.

Drivers are also entitled to claim income tax deductions and GST credits (for GST paid) on expenses (you may need to apportion these so you only claim amounts relating to providing ride-sourcing services).

Our data-matching activities will help us identify if you provide ride-sourcing services. If you do, you may receive a letter from us explaining your tax obligations.

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