[Snikok]

Is it possible to use my company’s GST/QST numbers as well as receive pay on my company’s account so in the end of the year i can write off 50c per km? Did anybody try this? My accountant said it’s doable and u can write off much more this way than just ur gas and other expenses.

 

[Babaganush]

I was told at first it was possible, then when I tried to change my account from my name to my company they told me no. I tried 3 times and all said it is not possible.
Now keep in mind that all Uber related expenses from car payments, repairs, car insurance, gas and anything else incurred for Uber are deductible from your Uber income. You need to have your start and end odometer reading, the percentage used for Uber is the deduction percentage.
Because Uber uses the simple method for GST/QST in Quebec, you just need to worry about the total amount paid as you won't be able to claim the GST/QST back like you would in a regular business.
If you are able to do it, they may have changed the rules, please let us know in this post.

 

[Snikok]

Thanks for ur reply

My friend just put his company’s name and gst/qst number when he was registering. Nobody checked and now he gets paid through his company. However, when i asked them to change my numbers and stuff they said its not possible cuz of Quebec rules. So i don’t understand how come someone can do it and others can’t. Also my accountant said that many drivers use their companies. This way u can write off much more, especially if u do many hours.

Btw should i just take a picture of my odometer in the beginning of the year? How will they know how many km’s i did driving uber?

 

[Babaganush]

My beginning odometer was what was registered the car inspection, for the end of the year I took a picture and emailed it to myself.

I was told I could use my company when I registered as well, but I had just registered it and did not have the GST/QST number yet.