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Brisbane is the first city in Australia to receive access to Uber’s new car rental service, Uber Rent. The rideshare platform launched a trial of the world-first new feature, which lets users hire a car through the Uber app. To use Uber Rent, you’ll first need to update your Uber mobile app to the latest version. If you’re part of the initial rollout, you’ll be able to select “Rentals”, where you’ll see a search page provided by CarTrawler – a car rental supplier and Uber’s partner. From there you can choose and book the car you’d like, as well as the date and location. “While many Australians will drive to a wine region, down the coast or explore the mountains in their own car – not everyone has access to their own private vehicle,” Uber Australia and New Zealand, General Manager Dom Taylor said in a statement. “At Uber we believe you should always be able to get around, even if you don’t own your own car, and Uber Rent is one more way of helping people do just that.” Not eve...

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.

Commissioner of Taxation – Notice of ATO Data Matching Program – Attention Uber Drivers The Australian Taxation Office (ATO) will acquire data to identify individuals that may be engaged in providing ride sourcing services during the 2016–17 and 2017–18 financial years. Details of all payments made to ride sourcing providers from accounts held by a ride sourcing facilitator will be requested from a financial institution for the 2016–17 and 2017–18 financial years. Ride sourcing facilitators provide an electronic platform enabling members of the public to engage the services of a ride sourcing provider (a driver). The data ATO acquire will be electronically matched with certain sections of ATO data holdings to identify taxpayers. ATO can provide them with tailored information to help them meet their tax obligations or to ensure compliance with taxation law. ATO will obtain the following data items from the source entity: Payee account name Payee BSB Payee ac...