I'm trying to find a way of logging the kms that my car is doing for uber and this got me wondering. What if I switch on the app all the time whenever I drive, technically wouldn't I be using my car 100% for uber purposes and thus can claim 100% of the expenses as a deduction. Who is to say otherwise?
Ok what I proposed might be an extreme case. What about if I set it to my work destination and pick no one up. Wouldn't that make my trip to work tax deductable? As a bonus I may pick someone up.
No because you can't claim trips between work and home as a tax deduction
Edit: OK so clearly the person who negged this comment either doesn't like me or doesn't know how to do their tax …
Lol youd be audited so hard if you said "i only use my car for uber"
Who is to say otherwise?
Tax legislation says otherwise.
So what you're basically saying to the ATO, is to make a few bucks a year you've willing to down an asset worth a few thousand, all in the name of 'business'?
What's your business plan, charity for society? Lol
No not really, I'm still picking up people so I'm making money but at the same time I could study when there are no passengers or do something on the side.
I'm sure the ATO would love to listen to your excuses.
Times you have a passenger would possibly be tax deductible, not just driving around with the app on. Around could ask uber how many trips you got payed for, how far they were etc. You think the ATO is going to accept 30,000 km of "work" tax deductions when you only did 200 km of actual ubering?
I don't see where it is I'm doing something wrong
At this point, getting your eyesight tested might be faster than trying to explain this to you.
Also your car expenses can only offset your uber income and not your income from another job.
ATO software will compare your claims against Uber driver industry.
My understating is ATO cracked down on this already.
People were Uber on drive to and from work (but not picking up people) then going to second job ie their actual job, which is tax deductable as you driving to different workplace.
*Different Workplace" applies to only the same job. Otherwise it's just getting to and from work which isn't tax deductible.
When you have to use the word "technically" to justify something as lawful, chances are, what you're doing is probably not lawful.