Tax Considerations when purchasing a Zoomo e-bike

Suitable for: Zoomo E-bike owners

Tax Difficulty: Beginner

Airtax Experience: Anyone

Time to read: 3-4 minutes

The development of technology in e-bikes has led to exciting changes in the world of food delivery, and as a Doordash Delivery Partner, there are a few important tax considerations to take into account when starting or continuing your journey.

To help clarify these, the team at Airtax has put together a few tips to enable Dashers to better understand the tax treatment of their Zoomo e-bike.

What are the tax implications for renting a Zoomo?

If you have chosen to start your journey as a Dasher by renting a Zoomo E-bike, you can claim the lease expenses you incur based on your business use percentage.

If you are new to the journey, a business use percentage reflects the extent to which an expense was incurred for a business purpose, as opposed to personal use. In order to calculate a business use percentage, you will need to use a logbook.

Implications for purchasing a Zoomo outright:

If you purchased your Zoomo e-bike outright for your Doordash business you will be able to treat it as a standard asset purchase and claim a deduction and depreciation on the item.

Other related expenses you may be able to claim:

Outside of the rental/purchase of your Zoomo bike, you may also be able to claim a number of other relevant expenses in relation to your Doordash business. This may range from any safety gear you purchase to maintenance on the bike. (It may be worth checking your Zoomo package first to see if any of these are covered).

If you have any other questions regarding your tax obligations, feel free to reach out to our team here at Airtax (help@airtax.com.au) and we’d be happy to assist.