What the 2026 Budget Means for Rideshare Drivers
In short: For Australian rideshare drivers, the 2026-27 Budget made the $20,000 instant asset write-off permanent from 1 July 2026 (now law), covering in-car gear but usually not the car itself. The new $1,000 flat deduction doesn't apply to rideshare income, so claim your expenses as usual. Platforms report your earnings to the ATO, which matches them against your tax return.
Read MoreTax Deductions for Rideshare Drivers in Australia: A Driver's Guide
In short: The ATO treats rideshare driving in Australia as a business, so drivers can claim business expenses and must register for GST whatever they earn. Car running costs make up the bulk of the deductions, and high-kilometre drivers almost always get more from the logbook method than cents per km. Drivers can also claim platform fees, tolls, parking, car washes and the work-related share of phone and data.
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