Sharing economy

Providing taxi travel services through ride-sourcing and your tax obligations

Ride-sourcing services (also known as ride-sharing, ride-booking, taxi or ride-hailing services) are increasingly being used to provide taxi travel and have tax implications for those involved. If you are a driver providing this type of service and carry on an enterprise you must register for the goods and services tax (GST).

The sharing economy and tax

The sharing economy is a way of connecting buyers and sellers. The same tax rules apply to the sharing economy as they apply to the rest of the economy.