Property Accounting Category

Uber Drivers Can Claim an Immediate Tax Deduction for Capital Expenses Such as a CarUber Drivers Can Claim an Immediate Tax Deduction for Capital Expenses Such as a Car

25/07/202325/07/2023 BAS AgentBAS Agent 0 Comments

If you are an Uber driver did you know the ATO sees you as self-employed? Well yes that is the case and it means you have access to all the tax concessions available to small businesses, including the temporary full expensing of capital items available until 30 June 2023. That{...}

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Property Accounting Category

ATO targets side hustles in crackdown on undeclared incomeATO targets side hustles in crackdown on undeclared income

06/06/202306/06/2023 Steven Rider CPASteven Rider CPA 0 Comments

YouTubers, Uber drivers and influencers earning extra or running a business will be picked up by data analytics and the reporting regime, the Tax Office warns. YouTubers, Uber drivers and influencers will be prime targets for the ATO’s data analytics software in a crackdown on undeclared income, the office warns{...}

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