As a food delivery driver or courier driver you require an ABN to work since you will be classified as an independent contractor and are self-employed. This means you will be making use of your own tools, motor vehicle and insurances to be able to earn assessable income from services like Courier, food delivery platforms like Uber Eats, Menulog or DoorDash. GST is generally not required unless you reach $75,000 threshold of revenue. Your income is taxable and you need to report all incomes in your tax return. Here are some expenses that we have indicated that you could be eligible to claim in your tax return.

Generally, you can claim your daily work-related expenses, purchase of products or services and also depreciation on machinery, car or equipment that are used for business purposes. We have mentioned them below in more detail

Motor Vehicle/Bike Expenses

-Tolls

-Parking

-Fuel

-Car repairs & maintenance

-Car insurance

-Car Registration

Mobile phone You can claim depreciation on your phone purchase and usage of your mobile plan based on your work-related usage

Supplies. Many delivery drivers purchase insulated food for keeping food deliveries warm, courier backpacks, phone chargers. Supplies like these are generally a deductible expense.

Commissions and fees. If you drive for a delivery app and they charge a commission, you can typically deduct the fees paid to the platform.

If you would like to discuss your deductions or pre-prepare for your tax return, feel free to call us today on 0452214559 or email us at info@ps-accountants.com.au.