Ride-booking operators and drivers, such as those from Uber Technologies Inc., will need licenses to offer their services in the Australian state of Queensland under new regulations announced Sunday in Brisbane.
The eligibility tests for drivers and booking entities will be the same for all those offering personalized transport, Mark Bailey, Queensland’s minister for main roads, road safety and ports, said in a statement.
Applications opened Sunday and ride-hailing drivers must have a license by Jan. 15, while anyone who arranges bookings for such a service must have a permit by Dec. 1.
“This allows us to ensure all parties are fit and proper to provide services that are of the high standard that Queenslanders expect when using a taxi or ride-booking service,”
Mark Bailey
Queensland will also require booked-hire vehicles to display signs that clearly identify which entity it is operating under and that are clearly visible from at least 20 meters (66 feet) away. A new class of compulsory third-party insurance for booked hire and limousines will apply, according to the statement.
Did you know you can claim a deduction on almost every car expense as a UBER driver, however, you must keep a log book to claim any car expense.
A logbook is provided by the ATO which is all UBER drivers are required to maintain it for a period of 12 consecutive weeks or 3 months. Once a taxpayer has maintained a log book, he/she can use it for up to 5 years.
If you use the logbook method, you can claim the business-use percentage of each car expense, based on the logbook records of your car’s usage must keep a logbook so you can work out the percentage must have written evidence of your fuel and oil costs, or odometer readings on which your estimates are based must have written evidence for all your other expenses.
ALITAX uses powerful technology to make your complicated UBER GST and TAX easier for you so that you can lodge your TAX and GST obligation on time. ALITAX is mobile friendly, means you can use ALITAX on all platforms such as iPhone, Android, Tablets and other devices.
we provide a complete solution for UBER drivers to lodge their quarterly GST and Annual Tax return. By logging at ALITAX, you will have access to all the feature such as free GST calculator, online GST lodgment. You can use ALITAX online portal to claim and pay GST.
Here are some steps to help your lodgment of your GST activity statement
Step 1. To lodge your GST simply login to ALITAX.com.au, you can register by simply providing your username and password.
Step 2: Once you are logged in, go to your dashboard to find your overdue GST returns. Find the GST quarter you need to lodge and click lodge now to open lodgement form.
Step 3: Connect your UBER account to pre-fill your income
Step 3(b): Once your Uber account is connected to ALITAX, click calculate Uber Income. Your Uber income will automatically be shown in the income tab. Pre-fill income includes (Gross Income, Tolls, Split Fee, Referral Fee, Uber Commission) Please make sure to double check your pre-filled income with the Uber statement.
Step 4: Provide expenses along with the business percentage of your car usage in order to determine correct expenses. Follow the guidelines for each item to ensure you entered correct amount of income and expenses.
Step 5:Once you have entered all income and expenses ALITAX will automatically estimate the amount of GST Payable or GST refundable if you are eligible. Click Lodge now to verify your details.
Step 6: Enter your personal information such as your name and contact number.
Step 7:Choose your preferred method of payment. ALITAX GST lodgment price is $49. (don’t forget to apply discount code: ubergroup)
The ATO Announced On The 20th Of May 2015 That Uber Drivers Must Register For GST. They’ve Determined That Under GST Law, Uber, And By Extension All Rideshare Services, Meet The Definition Of A Taxi Service.
The ATO state that “the word taxi takes on its broad ordinary meaning of a car made available for public hire that is used to transport passengers for fares.”
This is true, but it’s irrelevant, because they’re not the One supplying the service to riders. The transaction is directly between you and your rider. This means you, an Australian driver, are the supplier so GST is applicable.
ATO Deputy Commissioner James O’Halloran has said “If those providing ridesharing have not obtained an ABN and not registered for GST, then we will undertake compliance activities that means reviews and audits and assessments may be raised.”
The penalty for failure to register for GST is currently $3,400. The penalty for failure to lodge a BAS begins at $170 per BAS if lodged within 28 days, and can stretch up to $850 per BAS after 113 days.
Hope this guide will help you a lot in driving with uber.
Living in a place which is accompanied by hundred thousands of people, it is not easy to have a good and respectable source of income which may fulfill your basic needs and requirements.
In order to have a good source of income, Uber gives you a brilliant opportunity to conquer your dreams. Numerous people leaving in a city do not have their self or personal transport, so they have to use public transport in replacement of that.
Uber GST and Tax by Alitax
But some setbacks from public transport have given space to suitable personal like public transport where one feel free to travel in a very comfortable medium.
Some complications have given rise to confusions such as;
Being a captain of Uber drive, it is an obligatory factor that is to be observed. If you want to pursue your career of being a captain, you are strictly required to be a filer of tax. Youshould have an NTN (National Tax Number) of the country you are staying.
If you are a non-filer then you need to report to respective tax department of your respective country and get that number otherwise, legally you will not be able to be a captain again.
It is necessary to give GST so that you can continue your job and earn a healthy lifestyle.
Total GST to be given;
Another query that has given rise to a big confusion is that what is the percentage that is to be given to the national tax department?
So, here is the answer to that query that you have to give 1:11 or one by eleventh part of the fare that you receive. As every captain knows, the 20% of your income goes to Uber, but are only answerable for your 80% of income.
Impact of GST on fare rider;
As it is very much obvious, that the implement of GST will directly affect the fare of riders, means there will be a significant increase in fares which the riders have to bear.
To know the amount of GST which will be added to fare can be calculated by using GST calculators. Both rider and captain can get assistance from these calculators.
Usage of GST calculators;
GST calculators can be used in the regard of calculating GST in the fares and in the income. For example, a captain who earned 11 dollars from his ride will have to pay 2 dollars to Uber and nearly 1 dollar to the national tax department as a tax return.
Bottom-line and conclusions;
Uber is a healthy way of earning which removes any educational discrimination for being a captain, all it needs is a car and driving license along with NTN which has now become an integral part of being a captain.
It is a modern way of earning where no specific colors and uniform are needed to perform the duty. It can earn you a healthy income without showing to anyone.
It is gradually demolishing unemployment, but some of the factors are affecting its popularity but this won’t matter a lot instead due to more demand of transport this is going to be a large brand all over the world. Depositing tax would help to the better of the nation and be one nation.
Australia Uber GST & Tax Calculation 