Sinbad
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Yup you should.
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Uber partner and Tax
- Thread starter kokzn
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Yup you should.
KalMaverick
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OP should really consider professional tax advice, what gets said on this forum (and in this thread too) is scary.
That might be the best advice in this thread so far.
+1
koeksGHT
Dealer
Nooooooo trust us Internet people entirely we would never lie :twisted:
Sinbad
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This man speaks truth
Thanks for the replies guys.
Can anyone recommend a good tax consultant? How is TaxTim.com?
Where does SARS draw the line for tax deductions?
Can I deduct the following?
Tyres, Monthly installment, Driver Salary, Insurance, Service and Maintenance, Car wash/polish, New suit or shoes, dry cleaning service (We have to dress smart for Uber black)
A friend suggested that I must just register a company, and do everything under the business name, is this a good idea? I'm planning to add a second car sometime in the new year.
Can anyone recommend a good tax consultant? How is TaxTim.com?
Where does SARS draw the line for tax deductions?
Can I deduct the following?
Tyres, Monthly installment, Driver Salary, Insurance, Service and Maintenance, Car wash/polish, New suit or shoes, dry cleaning service (We have to dress smart for Uber black)
A friend suggested that I must just register a company, and do everything under the business name, is this a good idea? I'm planning to add a second car sometime in the new year.
Last edited:
yes you can claim all those expenses, as long as its in direct relation to the *production* of taxable income
cr@zydude
Honorary Master
Uniforms need to be distinguishable from normal clothing to be allowed as a deduction. Unless that suit has Uber logos on it, it wouldn't be allowed. The interest portion of the repayment is an expense, the capital part is an installment sale. You would get a wear and tear (depreciation) allowance on the car though. You should be fine on the rest.