06 Jun UBER Drivers Facing Tax Issues
Are you an UBER driver? Are you aware of the UBER tax issues? Did you know that from 1 August 2015 (yes last year) you generally need to have an ABN and register for GST and prepare and lodge business activity statements with the ATO?
Under Australian tax law ride sharing services are now considered to be “taxi” services for the purpose of the GST Act. That means there is no $75,000 GST registration threshold as ALL taxi services must register for GST.
The good news is that Taxopia has you covered for all your online business tax accounting needs at super low prices. Contact us today on 1300 829 674 or [email protected]. We can help all UBER driver with their tax issues.
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