If you feel that our information does not fully cover your circumstances, or you are unsure how it applies to you, contact us or seek professional advice. Make sure you have the information for the right year before making decisions based on that information. Some of the information on this website applies to a specific financial year. If you follow our information and it turns out to be incorrect, or it is misleading and you make a mistake as a result, we will take that into account when determining what action, if any, we should take. We are committed to providing you with accurate, consistent and clear information to help you understand your rights and entitlements and meet your obligations. If you speak a language other than English, you can read our guide, Ride-sourcing – the basics, in the following languages: Use our checklist to help you get it right
include the income you earn in your income tax return.
RIDER SHARE HOW TO
to know how to issue a tax invoice (you need to provide one for fares over $82.50 if asked).to lodge business activity statements (BAS) monthly or quarterly (you can't choose to lodge annually).to register for GST from the day you start, regardless of how much you earn.
RIDER SHARE DRIVERS
All ride-sourcing drivers need to have an Australian business number (ABN) and be registered for GST. Ride-sourcing is also subject to goods and services tax (GST). Income tax applies to your ride sourcing income. you use the car to transport the passenger for payment (a fare).a passenger uses a third-party digital platform, such as a website or an app, to request a ride, for example, Uber, Hi Oscar, Shebah, or GoCatch.
RIDER SHARE CODE
Our business model is that city / zip code based ride share clubs with no more than 30 to 60 members each can operate more safely, efficiently and cost-effectively than large Ride Share Enterprises.