The ATO have advised that ride-sourcing enterprises should:
- keep records
- have an ABN register for GST, regardless of how much they earn
- pay GST on the full fare received from passengers for each trip they provide
- lodge activity statements include income from ride-sourcing in their income tax returns.
Drivers are also entitled to claim income tax deductions and GST credits on expenses apportioned to the ride-sourcing services they have supplied. Further information on the case is included in the GST section below.