I think my calculations are wrong concerning the per KM increase. g00r, can you please help me calculate:The fee Uber charges you, has a tax code of NCF, (non capital acquisition - GST free ) meaning you can claim the fee as a deduction, but you cannot claim GST credits as their billing unit sits outside Australia (The Netherlands) and therefor isn't registered for GST.
So although they have recently increased the rates by 10% (Ghostwren has put up a post identifying the flaws in this supposed increase), it doesn't cover your additional costs of paying GST.
The Business Portal at the ATO isn't very computer friendly, but once you get the hang of it, it isn't bad.
Is the 5c increase from $1.10 to $1.15 a 4.5% increase on that rate?