The development of new and multiple technologies has been exemplary to supply the new forms of public transport. The boom has been such that due to the growing entry of new transport companies, different electronic tools have been used to supply customers.
One of the main challenges that both clients and the company itself face is keeping their accounts and thus being able to choose the correct tax regime. Many people usually have various complications with this issue, so here, we will help you clarify certain things.
How to keep accounting for Uber
In general, the partners of the Uber platform, when they have registered on the platform, are mostly natural persons, many have jobs, a business that gives them an extra income of money or in some cases they are in the informal sector.
Those who have a fiscal regime which is established, generally have some type of formal business and therefore it is not necessary that they carry out their registration procedures, but on the contrary, they should only show Uber within their accounting. as a new economic activity, which is added to the rest of its obligations.
Expenses that can be included in the accounting for Uber
Although there is no formal list where most of the expenses that can be included in an accounting for Uber are broken down, it is important that you know a rule that applies to all cases:
The expenses must be strictly essential in order to obtain an income. In the specific case of an Uber, this refers to all those expenses that have to be incurred, in order to provide an optimal service to the users of the application. This is often talked about in Uber offices, but there is a chance that you won’t be told very much about it.
Here are some examples
- It is deductible itself, the vehicle.
- Oils and lubricants also fall into this list.
- Accessories that are single use for the optimal operation of the vehicle.
- Cleaning supplies for the car.
These are some examples with which you can locate me better when making your own list, but you must take into account that this may even vary, depending on the model of the car and the country of your residence. It is important that you always ask yourself:
Is this a necessary expense to provide a good service? If the answer is yes, you can put it on your Uber accounting, if not, it is deductible.
How to keep your tax status in order
An important task of all workers is to keep accounting always up to date. You can opt for a quick fix and hire a person or company to handle this for you. Since it is one thing to be aware of the destination to which the user wants to go, and another thing is to maintain accounting. This is because she already has a preset list of your needs as a partner and driver from the Uber app.
You can opt for a comprehensive accounting service, where you can view all your information clearly and concisely. So when it comes to making your bills, it will be much easier for you and your tax declaration will always be up to date.
You can also find various advisory services in which you can count on expert accountants, who will give you personalized attention.
Essential tax services for Uber drivers
- They must have a determination of their taxes.
- Special billing program for each driver
- Bimonthly presentation of ISR and VAT
With this information, you will be able to carry out your procedures and tax services without any setback and keeping all your accounts up to date without errors within Uber. This way you can also keep an excellent control of the assets that you may have within the application.
