Records you need to keep for ride-sourcing include:
- statements from ride-sourcing platforms that show your income
- receipts of any expenses you want to claim deductions for
- logbooks and odometer readings.
One of the easiest ways you can keep records for ride-sourcing is by using the myDeductions tool in the ATO app. You can:
- include your income from ride-sourcing and record how much GST is included
- take a photo of receipts and enter details
- indicate a percentage for private use
- use the 'add trip' function to set up a logbook and record your trips.
We don’t track personal information entered in the app. When it comes to tax time, you can share your records from myDeductions with your tax agent via email or upload them to us and we will prefill your myTax tax return or your tax agent's SBR-enabled software.
See also:
There's more to records than just keeping receipts, find out what you need to keep track of when providing a ride-sourcing service.