UBER GST Calculation in Australia

Hello Everyone,
In this video, I explain how to calculate GST (Goods & Services Tax) for ride sharing services in Australia.
If you need any assistance, please comment and I will be more than happy to help.
Thanks.
English Language: • UBER GST Calculation i...
Arabic Language: • GST in UBER, OLA & DID...
How to Upload Your GST to ATO by myGov Account:
• How to Upload Your GST...

[@marcey6647]

Khalid hands down this is the easiest and straight to the point explanation about Uber BAS I found on KZbin. Thank you!

[@K511972]

Appreciated.

[@achayanarun]

thank you so much for explaining all about GST this video is very helpful for me to understand how to file GST by myself thank you

[@K511972]

You are most welcome

[@jamalhassan442]

Thanks khalid for the information, really simplified it

[@K511972]

No worries, you are more than welcome.

[@aasishshrestha2593]

Very Helpful. Thanks

[@geotech14]

Thanks mate. Your video is very helpful❤

[@K511972]

Thanks, appreciated

[@naitikdhakal3681]

Very good explanation. Thank you.

[@K511972]

Appreciated

[@Thebadguys-ti6rl]

Thanks bro, much appreciate, helpful

[@K511972]

thanks

[@rizgarghaf4758]

Very helpful video thumbs up to you!

[@K511972]

Thanks brother, appreciated.

[@abdullahijama7052]

Simple and powerful! Masha Allah!

[@user-rx8qq8sk9ydv1ce5ib]

Please make a tutorial video on doing the BAS for uber, and show options of using on trip mileage and car depreciation. Also, please show how to claim the GST paid in the cost of a new car. Thank you.

[@itswasimakhtar]

You are a legend. Keep shining

[@K511972]

thanks

[@jatinderdhingra7985]

Really helpful. Thanks so mucu

[@K511972]

Appreciated

[@user-rx8qq8sk9ydv1ce5ib]

Hi , why you do not include the Uber Service Fees and On trip Mileage under expenses without putting a value to remember deducting them in the BAS.

[@HaseebAkram-no5id]

Thank You Khalid. Brother, why we divide by 11, can you please explain and the video is one year old, can we follow the step to lodge GST by following the same steps as well?

[@nishvlogs3906]

Legend Thanks big boss

[@SonamWangchuk-re2hd]

hello, thank you for your good explanation. why we divided by 11 in 1A and 1B calculation? regarding fuel, do we have any formula to derive? also what about for new car purchase in finance ( we can put principal plus interest or only interest amount?

[@rikki146]

Hey pal, I have just started ubering. Just wanna know do we have to register and pay commercial passenger vehicle government levy or will uber handle that for you? TIA

[@murtaza6542]

Thank you very much for this

[@K511972]

Appreciated

[@mikejanson1939]

How do u get this spreadsheet to be able to do this

[@barkatsawan8467]

How did you calculate expenses and get payable amount ?

[@nstraveltech2647]

thanks for the great video , what is 11 you dividing , is that standard for every year , if not what is for 2022 thanks

[@K511972]

Hi, Yes, it is standard for every year. The below paragraph & example is taken from the ATO website: "Goods and Services Tax: If your expense includes an amount of goods and services tax (GST), the GST is part of the total expense and is therefore part of any deduction. For example, if you incurred union fees of $440 which included $40 GST, you claim a deduction for $440". Thanks.

[@nuwankumara1614]

Thanks for your great effort //

[@K511972]

Appreciated.

[@heersaab2681]

Fuel you can show expenses

[@Alex-qi9wv]

This really helpful

[@K511972]

I'm glad!

[@justclipsandfootages]

Masha Allah

[@user-rx8qq8sk9ydv1ce5ib]

Thanks for the video. I do not need to do GST calculation if I am only doing Uber for total yearly income below the GST threshold.

[@whistleblower7271]

No u have to do it

[@user-tn9cr4bt6r]

Hi Khalid, Thank you for making such a helpful video. I have calculated my Gst based on the excel file above. Just confirming if it's ok to put the Uber earning from the bank statement?

[@K511972]

Salam brother, yes, I did that. I put my UBER earning that I receive weekly on my bank account as a regular income in above sheet.

[@ghsh6692]

Salam Aliakmon brother Khaled, thank you for your really easy and clear calculating UBER GST. We still need more from you, how I can have the Excel file to calculate my UBER GST, secondly, can you please put another video showing how we can calculate end year report. shokran

[@K511972]

hi, send me an email on [e-mail] and I will send the excel sheet. thanks

[@gabrielsanchez2189]

Thanks for the video im understanding this so far, the only thing that wasnt covered is the % of use of the vehicle and how this affects GST Payback amount ? is this covered in another video i may not have seen yet?

[@K511972]

Thank you for your email. This video assumes that the vehicles is solely used for Uber and/or other ride sharing (100%). However, if you are using your car at a certain percentages (like 75%), then only 75% of expenses can be calculated. For example, 75% of you fuel purchases or car maintenance. But ride sharing specific expenses, such as driver’s authority (DA), can be used at 100%. Thanks and happy to assist for further enquirers.

[@gabrielsanchez2189]

@@K511972 working out percentage is the issue

[@naqibullahdanishjow2961]

Very helpful video, you really helped not only me but many others. The income from the ridershare services should include their commission or just the driver portion, and should we include any cleaning fee as income that were paid by uber or didi as some riders make mess in the car and drivers are paid the cleaning fee by uber.

[@K511972]

Hi, My opinion for the calculation is: 1) You are already receiving a weekly payment. This is a gross income for you including your all expenses. UBER part is already taken from your income. For this reason, I did not put it in the excel calculation sheet. 2) YES, Cleaning fee is already added to your gross income.

[@AamirIsmail]

can you please share the excel?

[@afina1009]

Hi Khalid, does income mean the money I receive in my bank from Uber? Or the one from tax summary?

[@K511972]

Hi Afina, the income that I use in my BAS report is the money that I receive weekly on my bank account from UBER. However, if use the tax summary, you have to include the UBER Fees as expenses. Thank

[@abhijithgs]

Very helpful video brother. Thanks so much . For this tax agents charge us minimum 70$ to 200$ for lodging BAS.

[@K511972]

Appreciated.

[@JKSTREAM]

Good Bro ❤❤❤

[@K511972]

Appreciated, thanks

[@pumba6099]

Helpful video I wonder for electric vehicles the fuel cost is replaced with electricity cost which would have the same effect when it comes to GST

[@K511972]

Hi, Because you are using your car for a business, you are able to claim work expenses but you have to work out what the percentage of your electricity bill is spent on your car while using your car for work and claim only that percentage. Thanks

[@pumba6099]

@@K511972 oh yeah it's easily worked out with an electric car. The trip odometer has a KWh attached to it which when compared to a flat electricity rate it's just simple math. (KwH*0.26)*85.1%

[@AmitBastola]

calculating total sale which is G1 is very confusing. shall we include the tips and reward on it or not or simply put the gross income as stated in uber monthly tax summary ?

[@K511972]

Hi, all money that you earn includes tips and rewards is a taxable income.

[@meroyatrama1677]

Hi khalid can you provide us excel sheet as well so it will help us. thank you for this video. you are legend.

[@K511972]

Hi, super easy, just send me an email on [e-mail] and I will replay with the BAS sheet. Regards

[@seralvlog]

Hi Khalid When you put amount in expenses . Do you put whole amount you spent on service or just total of gst only . For example . For fuel you put 500 for October . Is that just gst amount you spend on fuel or that is total money you spent to buy fuel ..? Thankyou very much

[@K511972]

Hi, total amount of your expenses. GST will be calculated at the end by dividing total expenses / 11. GST calculation free sheet is available for anyone who needs. My email is: [e-mail]

[@gucheino]

Hi @khalid, I want to know how can I include the repayments for my carloan, so I am paying 600 a month so should I include the whole amount or just a part the total monthly payment. thank you

[@K511972]

Hi, you can include your car loan payment as a normal expenses same as fuel, insurance and others. Just be sure to have an official receipt or banks statement of your payments. thanks.

[@lahirugunarathna4706]

Hi khalid When we lodge BAS can we reduce full amonut of fuel cost or should go with 0.72 per KM? If driven more than 5000 km per quarter what should we do?

[@K511972]

Hi, you can chose only ONE method to claim your expenses. You have to decide which method is better for you. If you have lots of expenses, use the receipts to claim because will be much better than c/km. Thanks.

[@jamalhassan442]

I have one question? How do you include and calculate purchasing price of a car from a dealershop in ur gst calcultions

[@K511972]

Hi, in your official receipt you already have a GST amount, so just add this amount to your expenses and you will find the gst in your expenses is bigger than the gst in your income. The different of this amount will get it back to your account.Thanks

[@drewheigs7707]

Thanks for the video. I'm working out if it is worth me doing delivery driving but this video concerned me a bit. I wonder if you can clarify if the numbers are a true representant of averages over 90 days as these numbers basically show you can only profit 27% to put in your bank and 73% runs away with expenses and GST. This seems very high costs for such little amount you get to keep in your pocket. Thanks for clarifying.

[@K511972]

Hi, These numbers are just example (NO True), Thanks

[@mandythehunk1]

Delivery drivers aren't required to pay any GST as it's for ride-sharing..

[@richardbreheny3883]

If registered for GST, that is you have an ABN, you must do BAS. I went from driving to delivery during Covid and was told if I didn't want to pay GST, then I deregister my ABN and reapply later. I did my BAS during covid and paid GST as I thought it'd be less hassle after Covid.

[@kelumgamage4596]

hey. Do i need to record my daily odometer readings via ato app?

[@K511972]

hey, I do not know about the ato app, but you should keep record of the odometer readings done for work in case you're asked to present them. Thanks.

[@nisaryawari]

Thanks for the helpful video, I am wondering why You divide it by 11 what is the logic?

[@K511972]

Hi Nisar, it is not a logic brother. The below paragraph & example is taken from the ATO website: "Goods and Services Tax: If your expense includes an amount of goods and services tax (GST), the GST is part of the total expense and is therefore part of any deduction. For example, if you incurred union fees of $440 which included $40 GST, you claim a deduction for $440". Thanks.

[@asadullahjabbarkhil6137]

Can you please share the file with formatting and all the formulas please.

[@rizwansadiq7386]

Hi Mate, just a quick question, how we lodge yearly income statements if earning is less than $500 for the year. It is mainly in June. Thanks

[@K511972]

Hi, there is an option which is (No tax required to lodge) when you want to do the tax return. Tick this box and lodge the tax return and keep a copy of your lodgment.

[@K511972]

Thanks

[@m.arslanjabir2659]

hey brother loved your video. can you clear me one thing my car is on finance i pay 580$ per month inc GST how to claim it back.

[@K511972]

Hi, if you have a prove of payment such as official receipt or money transfers, then you are able to claim it as expenses like fuel or other items. This is my opinion for that. Thanks

[@sadiyaxilkas2404]

What a helpful video, thanks Khalid, but how can i get this excel sheet please? If you could send me much appreciate it.

[@K511972]

Hi, I can email you the excel sheet. Just send me an email on [e-mail] and I will forward it to you. Thanks

[@firatclkk]

Hi Khalid. I'd like to ask why G11 divided 11? Isn't it fully gst return? Thank you in advance.

[@K511972]

Hi, This is how to workout the GST. Divided by 11.

[@Andrewvh1]

Thankyou Do you have a spreadsheet File we can use?

[@K511972]

Hi, yes, [e-mail] I can email you the excel sheet.thanks

[@johnnyt4108]

Hi there, where can I get a copy of the spreadsheet in this video.

[@K511972]

hi, I can email you a copy of the BAS sheet. My email is [e-mail] thanks

[@abela5372]

Thanks for the information mate ..I learnt so much from your video than going to school for 12 years. do you have a downloadable spreadsheet file by any chance?

[@K511972]

Appreciated. Just, send me an email on (( [e-mail] )) to replay you with the excel sheet. Thanks

[@flower_lavender]

Hi. Just wondering why you didn't included Ride share service fess in your expenses

[@K511972]

Hi Zaria, This is just an example. You can put whatever expenses that related to your business expenses.

[@Kabeerahmed8]

Hey Sir, Thanks for explaining the GST Calculation but I couldn't find the Uber service fee in this calculation. Can you please explain this as well

[@K511972]

Hi, You are receiving a weekly gross payment by UBER on your Bank account. UBER part is already taken from your income. For this reason, I did not put it in the excel calculation sheet.

[@k-c]

How come you are earning under $75000 and still paying GST ? Is it only applied to ride sharing occupation ?

[@Mrpizzaindia]

Hi Khalid, where can I find this excel sheet to calculate expenses and get please

[@K511972]

Hi, I can email you the excel sheet. My email is [e-mail]

[@sm9381]

Very helpful for your video. Can you explain about Total earnings? It is a gross income from Uber deduction in the bank or total before uber takes their percentage? Please help prepare a video on how to take G1 from Uber platform or from Bank account ? thanks

[@K511972]

gross income that you received on your bank account. UBER is already taken their percentage.

[@yogeshkaku5768]

Hi Khalid, if I have started Uber in 1/11/2022 so I will filling my 1st GST on next quarter, which is due date in January 25th, I’m right???

[@K511972]

Hi, The due date will be on 28-Feb-23 because the new year season.

[@nishvlogs3906]

After claiming all these expenses, can we also claim 72 cents per km or it’s inclusive?

[@K511972]

No, you have to chose which a claiming method would you like to go with.

[@nishvlogs3906]

@@K511972 thanks

[@singhvari]

Thanks for the video…I am using my own car for ride share. Can I claim kms as an expense

[@K511972]

Hi, Yes you can. You can claim CENTS per KM. You can claim a maximum of 5,000 business kilometres per car, per year. Multiply the total business kilometres travelled (maximum of 5,000km per car) by 68 cents, which is the rate for all cars. You do not need written evidence, but you need to be able to show how you worked out your business kilometres (logbook service).

[@nishvlogs3906]

@@K511972 for GST you mean, I mean by calculating all the expenses can we still add 68 cents per km, if I do this after adding all expenses I will always be getting refund. Can you explain this please?

[@K511972]

@@nishvlogs3906 According to my understanding, you can only make one claim method. Cents/Km or you can claim expenses such as fuel and can maintenance using receipts. I recommend claiming expenses because cents/km will be less than claiming using receipts for expenses.

[@nishvlogs3906]

@@K511972 thanks 🙏

[@lowryernest4241]

Hi Khalid could you please send me the template

[@MegaPaulmoss]

Is the total sales what uber put in your account or the gross amount before uber takes their fee

[@sumithiran9854]

Total sale includes uber commission as well. This video doesn’t include this expense in deductions. GST is calculated on the total fare that a rider has paid to the uber not on what you get from a trip.

[@sulamankhan3947]

Thanks very much brother, where could I get a copy of the excel spreadsheet. Cheers

[@K511972]

Send me an email on [e-mail] In order to replay with the excel sheet. Thanks

[@geeessgill]

Its really helpful I want this excel sheet

[@K511972]

Send me an email on [e-mail] to send it to you. Thanks

[@pemathinley1848]

Couldn’t understand about dividing number 11. How we got 11 or is it standard number. Would appreciate if someone could explain

[@K511972]

Hi, Yes, it is standard for every year. Below an example that is taken from the ATO website: "Goods and Services Tax: If your expense includes an amount of goods and services tax (GST), the GST is part of the total expense and is therefore part of any deduction. For example, if you incurred union fees of $440 which included $40 GST, you claim a deduction for $440". Thanks.

[@sm9381]

Can you send us this sample for downloading ? thanks

[@nishvlogs3906]

Power cost for business use what’s that ?

[@K511972]

Hi, this is a staff that you need to support your business such as car phone holder, phone cable, car phone charger and others. Thanks

[@BDownUnder]

HI, thanks for the great video. It was very helpful. Can you please share the same template of the excel sheet for other users? Thank you

[@K511972]

Hi Baghail, thanks a lot and happy to assist. Send me your email and I will send you the excel sheet. Thanks

[@himashimas8171]

@@K511972 Can you please send me as well please .

[@K511972]

@@himashimas8171 What is your email, please.

[@dineshpoudel5571]

Hi, could you plz send this excel sheet at [e-mail] thanks.

[@yawarbutt7611]

Can you send me this spreadsheet

[@kirk1canedo]

Basically you made 1,660 for 3 months profit. How long are you driving the for a day? What about the depreciation of the car. Loan repayment if any?

[@K511972]

Hi, These numbers are just an example and are not real numbers. Depreciation of the car will be calculated when you do your income tax return in the end of the financial year. Loan repayment is calculated as expenses same as other expenses such as fuel, service, toll, phone and others. This is my opinion for how to calculate my quarterly GST and when I do my yearly income tax return. Thanks.

[@sadiqkola]

I am wondering you didn't add uber fee for deductions

[@K511972]

Hi, Because I am using the gross income that I receive on my bank account which does not include the UBER fee. Thanks

[@Prk.2001]

which expenses we can claim if uber eats is second job while using the same vehicle for both jobs? pls reply Thanks

[@K511972]

Is the first job is UBER driver? If so, you need to combine your income for both jobs when you do your activity statement in each quarter. If not, you need to know what the percentage of use of your car with UBER EATS. Then you can claim your expenses such as fuel, car service, internet phone and any others according to this percentage in your income tax return. Thanks

[@Prk.2001]

@@K511972 Thank you kindly. Much appreciated 🙏. UBER EATS is the second job as part time job. Do u know how much percentage? Thanks

[@soroushmottaghi6486]

Hi everyone. I am wondering when you buy a finaced new car for UBER if we can claim monthly repayments and monthly insurance fees in BAS?

[@K511972]

Yes, you can as a business expenses

[@soroushmottaghi6486]

@@K511972 Thank you very much. Your tutorial video for doing BAS is excellent. 🙏

[@kaseynash3186]

G'day thank you for this video. is there a way to get a copy of this amazing spreadsheet please with the formulas. thanks again

[@K511972]

Hi, sure, I need to send it on your email. just send me an email on [e-mail] to reply. Thanks

[@AmitBastola]

@@K511972 if you could attach the excel spreadsheet on the description section of this video and that way everybody can download from there

[@K511972]

Hi, absolutely I can email you the BAS sheet Just send me an email on [e-mail]

[@eyesclosedmeditation2228]

The best but the worst thank you!!

[@myaussielife]

hi How to lodge this details in my gov account

[@K511972]

Hi, You need to link your ATO (Australian taxation office) with myGov account. Then you can access your ATO through myGov. After finishing your calculations in your excel sheet, you need to "edit" the "activity statement (BAS) " through the ATO then enter the G1, 1A and 1B results then submit. You can then follow the steps for your GST payment method. Thanks.

[@K511972]

Follow this link please, kzbin.info/www/bejne/kKixnmqJmdWrfJI

[@kushalrai]

What insurance are you with? $75 a month?

[@nishvlogs3906]

Some people take private insurance which is obviously not right, commercial insurance are tend too expensive

[@m.arslanjabir2659]

can i get this excel file

[@rojankarkee]

Can we claim the car rent fees

[@K511972]

in my knowledge, yes you can.

[@ankitbhatia5468]

divided by 11 is a formula to calculate?

[@K511972]

Yes

[@sharathvennu]

Can we please get this excel sheet so that we can download it?

[@K511972]

yes, you can send an email on [e-mail] to reply.

[@sultanshakeel967]

Asalamalaikum brother Jazakallah khair Allah bless your family happy family together just I want to know I apply first time shall I do same please give me a solution Jazakallah this is sultan 💐💐💐💐💐💐🌹💐💐💐

[@K511972]

Salam brother, It is required to apply quarterly (every 3 months), so if you applied for this quarter then after 3 months you need to apply again for the next quarter with your new income and expenses. If you need more expiation send an email on [e-mail] Thanks.

[@owenthomas5821]

Hey Mate, Great video. Would i be able to have the template for this please?

[@K511972]

Absolutely, I can send you the template. Send me a notification on my email which is ([e-mail]) in order to replay and send the template sheet. Thanks.

[@K511972]

I attempted to upload it on KZbin but unfortunately I did not know how can I do that. So, you can send me your email and I will forward it to you. Thanks.

[@K511972]

SENT, Thanks

[@ae112r8]

How are you paying only $75 for insurance premium? Every quote I get for rideshare insurance is $300+

[@K511972]

Hi, these numbers are just examples. Thanks

[@pemchoden1035]

Very Helpful Khalid, Thank you. Can you please send me your template please.

[@K511972]

Hi, please send me notification on [e-mail] in order to replay to your email with the template sheet. Thanks

[@ravioza3253]

Hi sir, it's very helpfull video, can you please send me the excel template?

[@K511972]

Hi, happy to assist. just send me notification on my email please, [e-mail]

[@sameerbastola4990]

can you put the excel sheet link in the comment section so that we can download as well

[@K511972]

Hi, I don’t know how to add it in my discussion box. If you know , let me know how to do it please. At the same time I can email it to you. My email is [e-mail] Thanks

[@gyemdhendup3113]

@khalid, Can you share the excel sheet with me please?

[@K511972]

send me your email, please. [e-mail]

[@nimazare6595]

Hello, thanks for the video very helpful full. will you please send me the excel file as well?

[@K511972]

Hi, send me your email in order to send you the excel sheet. My email is [e-mail] Thanks

[@K511972]

SENT, thanks

[@tyldurden1223]

Very helpful video, mate! Just want to know how does toll include in this calclation? I know Uber reimburse you for toll, so I am guessing that's included in the Total income as well as in the expenses?

[@K511972]

Hi, Your gross income that received on your bank account including the toll amount. So, what I pay to the toll, I take it off from my gross income as expenses. Thanks

[@cherryb77]

Hello Brother, great video. Can you please share the template link. Thanks in advance. Happy to provide email address.

[@K511972]

I attempted to upload it on KZbin but unfortunately I did not know how can I do that. So, you can send me your email and I will forward it to you. My email is [e-mail] Thanks.

[@classicpep4555]

HI Khalid, is it possible to share the template of excel sheet please? Thank you

[@K511972]

Hi, I am happy to share the sheet. However, I attempted to upload it but unfortunately I did not know how can I do it. So, you can send me your email and I will forward it to you. Thanks. my email is [e-mail]

[@nickmarquis4]

Can you send me the spreadsheet?

[@p.h2801]

Would you mind share tamplate? please thank you

[@K511972]

[e-mail] send me your email please.

[@user-kl7yw7eq4d]

What about the fees?

[@K511972]

Did you mean UBER's fee? If so, the fee is already taken by Uber when sent the weekly income to your bank account. In my opinion, you can put the total cost of trips then take off uber fee as expense or put the total income that receive on your account and take off the other expenses such as fuel, toll, net, phone, service, car wash & others. thanks

[@tahsienal-quraishi3285]

Thanks Khaled. Could you please share the excel file in the comment part

[@K511972]

Hi, I can send it on your email. My email is [e-mail] Just send me a notification and I will reply to you. Thanks

[@tahsienal-quraishi3285]

@@K511972 Thanks Khaled. I have emailed you.

[@K511972]

SENT, thanks

[@user-qy7fp6ob9v]

Hey brother, Can you please share the Excel sheet for me please.

[@K511972]

Absolutely, but I need your email to send it for you. I don’t know how can I share it on KZbin. My email is: [e-mail]

[@sandeepreddyvatte8017]

Can you please share gst excel sheet pdf

[@K511972]

Hi, I can send it on your email. My email is [e-mail]

[@muhammadzeeshanfarooq3242]

Hi Khalid brother, can you please share this template of excel sheet please.

[@K511972]

Hi, happy to send, just send me notifications on my email [e-mail] in order to send it you. Thanks

[@K511972]

SENT, Thanks

[@junaidali2548]

Hi Can you send me a template?

[@K511972]

Hi Junaid, Send me your email in order to send you the excel sheet because I don't know how to share it on KZbin. Thanks My email is [e-mail]

[@gyaneshpokhrel5261]

1B=G11/11, pls confirm is that right?

[@K511972]

CORRECT ✅

[@gyaneshpokhrel5261]

@@K511972thank you. Also, Could you please share all the possible list of deductible items, obvious items (Ex. RESO, Insurance, fuel, Toll, pink/green etc) And obscure items (Ex. Lundry, Snakes, millage, etc) ?

[@K511972]

Accounting fee, car wash, laundry, fuel, insurance, internet, repair & maintenance, roadside assistance, COI, spare parts, smash repairer, phone, GST inside the CTP of rego, toll and others.

[@gyaneshpokhrel5261]

@@K511972 is there minimum standard amount for each items that we can claim, when we don't have receipt ?

[@K511972]

Hi, I do not think so because you need to prove your expenses by receipts or bank statement. But if you have other information, please advice us. thanks@@gyaneshpokhrel5261

[@harmindersingh9831]

can you please send me the template

[@K511972]

SENT, thanks