UBER TAX

Uber Tax is a service for Uber drivers seeking specialist advice, a stress-free tax return and the peace of mind that their Inland Revenue tax obligations are taken care of.

When you drive for Uber, Uber Eats, Ola or Zoomy you are regarded as “self employed” or an “independent contractor”. This means that at the end of the year, you will be required to file an Income Tax return to account for the Uber income you have earned.

Ride-sharing, sometimes referred to as ride-sourcing, is an ongoing arrangement where:
  • you, a driver, make a car available for public hire for passengers
  • a passenger uses a third-party digital platform, such as a website or an app, to request a ride, for example, Uber, Zoomy or Ola
  • you use the car to transport the passenger for a fare
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Ride-sharing fares paid to you are taxable income. You may also have to pay goods and services tax (GST) on your ride-sharing income.

If you are receiving income from these ridesharing platforms, you need to file a tax return. Talk to us.

​FOR INCOME TAX YOU MUST:

  • have an IRD number
  • include the gross fare income you earn in your income tax return
  • only claim expenses directly relating to you providing a ride-sharing service
  • keep records of all your income and expenses.

FOR GST YOU MUST:

  • have an IRD number
  • register for GST if you have earned or will earn more than $60,000 from all taxable activities including gross fares in any 12-month period
  • pay GST on the full fare
  • only claim expenses for the amount of time you provide a ride-sharing service
  • keep records of all your income and expenses.

NEED HELP WITH yoUR BUSINESS ACCOUNTS,  TAX OR  FINANCES?

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