Don’t go broke during tax time!

The Australian Tax Office (ATO) waits for no man. So when tax time comes around, you want your ridesharing business tax money sitting safely in the bank, ready to jump into action when the tax office snaps its fingers.

Keep it safe. Keep it separate.

Before you can stash away your Uber driver business tax dollars, you need a place to put them. Make sure that you open a separate rideshare tax bank account—as soon as you read this—if you haven’t already done it.

Whatever you do, don’t keep your Uber driver tax money in with your general ridesharing business income. The temptation […]