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Discussion Starter · #1 · (Edited)
http://newsroom.uber.com/adelaide/2015/08/adelaide-your-uber-funrides-have-arrived/

Drivers remember your ATO obligations, ABN and GST reg. Just becasue the passenger is getting a free ride, you the driver is still getting paid a taxable income.

Interested drivers are encouraged to research in depth the risks (insurance), possible consequences and expected earnings vs actual running costs. The early days will be good income but as 100 drivers quickly become 1000 and elevate up into the thousands, your slice of the pie will diminish into a portion not worth the increasing time, effort and costs.
 

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If you are not invoicing a passenger, then GST does not apply. You are supplying Uber B.V.

( I got confirmation about this from the ATO on Thursday. Items such as incentives, ice cream, referral bonuses etc are GST-FREE)
 

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Hrm, then I guess it depends on how they describe it on the partner statement. If they pay the driver for x hours, fixed rate or if paid as fares with $0 cost to passenger
 

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Discussion Starter · #5 ·
Other free ride stunts have been Fares to the driver with $0 cost shown on Pax trip summary.

Most driver incentives or payments that aren't related to transporting a customer are GST free. Guarantee top up amount, mostly anything that appears in other payments on the statement.
 

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There is a difference between Uber-supplied credits (GST taxable) and services where the passenger never pays anything (Funrides).
 

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Discussion Starter · #7 ·
There is a difference between Uber-supplied credits (GST taxable) and services where the passenger never pays anything (Funrides).
No theres not, as an Indenpendant Contractor suppling Funrides falling into the Taxi-Travel clause within Australia, regardless of who pays the transacion is between the Rider and Driver as stipulated in the Uber Transportation Provider agreement resulting in GST payable as confirmed by Michael Hardy, Assistant Commissioner at the ATO.
 

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No theres not, as an Indenpendant Contractor suppling Funrides falling into the Taxi-Travel clause within Australia, regardless of who pays the transacion is between the Rider and Driver as stipulated in the Uber Transportation Provider agreement resulting in GST payable as confirmed by Michael Hardy, Assistant Commissioner at the ATO.
You are not supplying taxi travel. You are supplying promotional / publicity services. This is given from the fact that rides are always free -- there is no business activity provided by uber.

Again, there is a difference between free ride credits and fun rides which is not taxi travel.
 

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Discussion Starter · #9 ·
You are not supplying taxi travel. You are supplying promotional / publicity services. This is given from the fact that rides are always free -- there is no business activity provided by uber.

Again, there is a difference between free ride credits and fun rides which is not taxi travel.
Sure its a free ride.

Is the travel not being paid for?
Are drivers doing this out of their own goodwill?
Can a person request a ride to get from A to a specified B or is it just a promotional ride that goes around the block?

Taxi Travel regardless of who pays for it.
 

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Reality is, the sharing economy is the future. The governments and tax dpt are going to need to catch up to the rest of the world or get left behind -
As well as driving I use @storage_share to make money - No problemo there.
 

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The ATO need to catch up. The sharing economy is taking over the world's economy.
As well as driving, I rent out storage space through @storageshare (go thru Twitter) for around 350$ a month and the ATO didn't even understand what I was trying to tell them !
 

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What is there to understand? You put the answer in to question 15 on your personal income tax return.
If you're registered for GST, put gross sales in to W1.

What didn't they understand?
 
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