20 04, 2020

$20,000 Early Access to Superannuation for Rideshare Drivers

By |2020-04-25T20:44:27+10:00April 20th, 2020|Categories: BAS, COVID-19, Didi, Food Delivery, GST, Logbook, Ola, Shebah, Tax, Uber|Tags: , , , , , , , , |2 Comments

Disclaimer This is not financial advice. You should consider seeking independent financial advice before considering access to your superannuation fund.  What is it? Some rideshare drivers may have funds available in their superannuation account which they may now be able to access. Normally, you would have to wait until you're 65 years of age before you could access your superannuation. Due to the impacts of the Coronavirus, the Government is allowing individuals access of up to $10,000 of superannuation in 2019-20 and a further $10,000 in 2020-21. That is a total of $20,000 over the two financial years. People accessing [...]

15 07, 2019

ABN & GST for UberEats and Food Delivery Drivers

By |2020-04-25T20:37:02+10:00July 15th, 2019|Categories: BAS, Food Delivery, GST, Logbook, Tax|Tags: , , , , , , |8 Comments

The biggest questions among UberEats and Food Delivery Drivers are:  Do I need an ABN? Do I need to be registered for GST? Rideshare Tax can answer these for you. It depends on what you do. To make it simple for you, we’ve set up two categories. All you do is pick your category – A or B – then look up the information in your category. Category A - You ONLY deliver for UberEats or other food delivery company.  You need an ABN. You do not need to register for GST if your total income is under $75,000. (Total [...]