MYTH OR FACT? – MEAL EXPENSES INCURRED DURING RIDE SOURCING ARE CLAIMABLE

Very often we are asked if meal expenses incurred while driving Uber, Ola, DIDI or using any other ride sourcing platform are deductible.

We’ve noticed a spike in inquiries relating to deduction for meal expenses.

In most cases, clients tell us that other accountants are claiming meal expenses on GST returns for ride sourcing and have been told by other accountants that these expenses are deductible.

There are some expenses that can’t be claimed because they’re personal expenses or not allowed under the law. This includes personal or private expenses, such as meals you purchase while on a break.

Next time, if an accountant tells you that meal expenses incurred while ride sourcing are claimable, ask them to show an ATO weblink confirming the same.

Contact Expert Tax on 0449 952 855 or 1300 869 829 for assistance on tax related matters.