Record gross fares
Keep the gross fare income shown in platform statements before platform fees are deducted. Record platform fees separately as a business purchase where the GST treatment is supported.
Common driver expenses
Fuel, EV charging, cleaning, tolls, servicing, mobile phone costs and eligible vehicle expenses may be relevant. Apply the correct business-use percentage and retain tax invoices.
Vehicle purchases
A vehicle purchase is generally treated as a capital purchase for BAS label purposes. Eligibility for a GST credit can depend on registration, business use, documentation and applicable limits.
Important: This guide provides general educational information only. Check current ATO guidance and obtain professional advice for your circumstances.