Joined
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107 Posts
THINK Twice before you drive:
Hello all... I'm sure it's been said many times before around the forums but I need to get it off my chest... I have been driving in Sydney for 12 months & love love the work, but have always thought that the Uber fares were too low. Do we need to be half the cost of a Taxi, or even 2/3 the cost of a Taxi.. The vast majority of your riders will never use Taxi after their first Uber experience & it's NOT all about the price. Uber is fast, reliable, easy to use, friendly, clean & so on...
I recently drove in Wollongong on the first Friday night and it was busy... busy with drunk teens taking short trips. Wollongong is a coastal city so short trips was always my expectation, no surprises there, BUT.. it was a surprise to see that Uber had dropped the already too low fares of $1.45/klm to $1.10 with the base fare $2, $0.30/min and the min fare down to $6. That's a $4.80 payment to the driver. 30% of my trips were minimum fare.. Non-stop for 3 hours I received an average of $29/hour. In Sydney it would have been double that amount. I am certain that Uber also removed any SURGE feature. My thoughts? They want the drivers to pay for promoting their Uber service in the Gong!!
At $4.80 by the time to take into account the time and travel taken to pick up the rider, we have gone backwards. Do your homework, talk to an accountant before you decide to take this on.. and remember, as a contractor you pay the GST in your quarterly BAS returns, you pay the fuel, Insurance, servicing, vehicle running costs (tyres, rego etc), depreciation, accountancy fees, RMS fees. The reality is the ATO are telling us it costs $0.66 cents per kilometre to run your vehicle.. https://www.ato.gov.au/business/inc...lculating-your-deduction/cents-per-kilometre/
Sounds like fun doesn't it? If you decide to work a few hours a week and not register for GST, don't think you will get away with it. The ATO know that you are there.. Uber must supply that information to our ATO.
Hello all... I'm sure it's been said many times before around the forums but I need to get it off my chest... I have been driving in Sydney for 12 months & love love the work, but have always thought that the Uber fares were too low. Do we need to be half the cost of a Taxi, or even 2/3 the cost of a Taxi.. The vast majority of your riders will never use Taxi after their first Uber experience & it's NOT all about the price. Uber is fast, reliable, easy to use, friendly, clean & so on...
I recently drove in Wollongong on the first Friday night and it was busy... busy with drunk teens taking short trips. Wollongong is a coastal city so short trips was always my expectation, no surprises there, BUT.. it was a surprise to see that Uber had dropped the already too low fares of $1.45/klm to $1.10 with the base fare $2, $0.30/min and the min fare down to $6. That's a $4.80 payment to the driver. 30% of my trips were minimum fare.. Non-stop for 3 hours I received an average of $29/hour. In Sydney it would have been double that amount. I am certain that Uber also removed any SURGE feature. My thoughts? They want the drivers to pay for promoting their Uber service in the Gong!!
At $4.80 by the time to take into account the time and travel taken to pick up the rider, we have gone backwards. Do your homework, talk to an accountant before you decide to take this on.. and remember, as a contractor you pay the GST in your quarterly BAS returns, you pay the fuel, Insurance, servicing, vehicle running costs (tyres, rego etc), depreciation, accountancy fees, RMS fees. The reality is the ATO are telling us it costs $0.66 cents per kilometre to run your vehicle.. https://www.ato.gov.au/business/inc...lculating-your-deduction/cents-per-kilometre/
Sounds like fun doesn't it? If you decide to work a few hours a week and not register for GST, don't think you will get away with it. The ATO know that you are there.. Uber must supply that information to our ATO.