Treatment for GST on Uber fees changed on Dec 1st 2017. This means you need to report fees differently before and after Dec 1st 2017. This article covers the guidelines for Uber fees since December 1st only (for guidelines before Dec 1st 2017, please see here).
When you connect with Airtax and Uber
When you connect your Uber driver partner account with Airtax, we take the following data from Uber and prefill it in your Airtax BAS for the correct period:
- Tolls (expense)
- Uber fees (expense)
You then need to include any additional expenses which include GST which you’ve incurred as an Uber driver for that period.
The general tax treatment for Uber income and expenses
As an Uber driver partner, the general treatment for your BAS is as follows.
The number in the Fare line item on your Uber Payment Statement is your gross income and that should go into the income section of your BAS (see green in example below).
Any negative numbers on your Payment Statement are treated as follows:
- Your Uber fee is an expense and you can claim it in your BAS (see blue in example below)
- If you have paid money in respect of the item, it can be claimed as an expense (as long as the item contains GST). This includes tolls, surcharges and some fees.
- If you did not pay any money in respect of the item, you cannot claim this as an expense (see items in red in example below)
When you connect your Uber driver partner account with Airtax, we automatically prefill the above income and expenses for you, directly from your Payment Statement data.
The following items are not expenses and cannot be claimed in the expenses of your BAS
- Fees or fee deductions
Why is the income number in Airtax different to the Uber income I see in my bank account?
This is because your Uber income in Airtax includes everything that Uber pays to you in total before the deductions are made (this is called gross income). The number in your bank account reflects the number that you receive (net income) after Uber has made all of its deductions. The income number in Airtax will usually be higher than the income number in your bank account.
Example Payment Summary
The below breakdown demonstrates the tax treatment for BAS for example purposes only.
Income - highlighted in green
Expenses claimable in BAS - highlighted in blue
Not claimable in BAS - highlighted in red