Are You An Uber Driver? Make sure you’re registered for GST and report all your income and expenses via your tax return.

The ATO are collecting information from Uber on all people driving for them.

So, if you have been driving for Uber or intend to take up driving for them you need to do the following:

• Set up an ABN if you haven’t already done so
• Register for GST and report quarterly
• Keep records of your income and expenses and apportion these for any private use
• Keep a logbook (this can be done via your GPS)
• Report your earnings in your Tax Return

All Uber drivers must register for GST even if their turnover is under $75,000.

For information contact our office or refer to the ATO link