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Fair and equitable compensation for taxi plate owners.

Shock for Australian Uber drivers. ATO writes to 60,000 Uber drivers on GST

Uber drivers in Australia need to declare their income

One third of rideshare drivers are yet to register for GST or to fully declare their income, hence  the Australian Taxation Office will now be asking them to get tax affairs in order. Rideshare drivers can no longer have their cake and eat it.

Assistant Commissioner Tom Wheeler said more than 100,000 individuals have received a payment for a ride-sharing service since the Australian Taxation Office started collecting data in August 2015, but about one third of them still have not registered for GST and/or fully declared income.  Hopefully the ATO will collect GST back to August 2015 across the board for rideshare drivers and companies.

 

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