TaxBot is an AI-powered tax and expense app for everyone — from individuals wanting a bigger tax refund to sole traders, freelancers and small businesses in Australia and the United States. You scan a receipt or upload a bank statement, and TaxBot's AI categorises each transaction, finds the deductions you're entitled to, tracks GST/BAS, and estimates your tax in real time.

How does TaxBot help me save on tax?

TaxBot reads your receipts and bank statements and uses AI to identify every work-related expense you can legally claim — matched to your occupation — including items people commonly miss like subscriptions, tools, phone, vehicle and depreciation. Claiming more legitimate deductions lowers your taxable income, so you keep more of what you earn.

Does TaxBot handle GST and BAS in Australia?

Yes. TaxBot tracks GST collected and paid, breaks it down by BAS quarter and full financial year (1 July – 30 June), and gives you a clear net-GST figure to help you prepare your Business Activity Statement.

TaxBot is for anyone who wants to pay less tax and keep better records — everyday individuals and employees claiming work-related deductions, as well as sole traders, freelancers, contractors, gig and rideshare drivers, tradies and small business owners. If you have expenses you can claim, TaxBot helps you find and track them without an accountant doing everything manually.

Yes — you can start free with no credit card. The free Starter plan includes essential tools and a monthly allowance of AI actions. Paid plans (from $14.99/month AUD) add unlimited receipts, more AI, and extra modules like invoicing, mileage and depreciation.

Can TaxBot turn my bank statement into deductions?

Yes. Upload a PDF or image of your bank statement and TaxBot's AI extracts every transaction, detects the financial year automatically, flags likely business deductions based on your occupation, and lets you save them to your records in one step.

Uber & Rideshare Driver Tax Deductions (Australia)

The complete list of what you can claim — and the costly mistakes that trigger the ATO

If you drive for Uber, DiDi, Ola or a delivery platform, your car is almost certainly your single largest tax deduction — and most drivers claim only a fraction of it. The difference between guessing and doing it properly is regularly thousands of dollars a year.

Rideshare is different from almost every other side hustle in Australia, and two rules trip drivers up before they even start: you must register for GST from the very first dollar, and your car can be claimed two completely different ways — one of which is capped, and one of which is not. Get those two right and the rest is a checklist.

General information only, not personal tax advice. Tax rates and thresholds change every year and your situation is unique — verify current figures with the ATO (ato.gov.au) or a registered tax agent before lodging.

First, the rule that catches every new driver: GST from dollar one

For most small businesses, you only register for GST once your turnover hits $75,000. Rideshare is the exception. Because ride-sourcing is treated like taxi travel, the ATO requires you to register for GST as soon as you start driving — regardless of how little you earn.

That sounds like bad news, but it cuts both ways:

You must remit 1/11th of your fares as GST to the ATO (the platform reports your income directly, so there is nowhere to hide).
But you also get to claim the GST credits on your business expenses — fuel, servicing, your phone, car washes and more. For a working car, those credits add up fast.

You'll need an ABN, a GST registration, and you'll lodge a Business Activity Statement (BAS) — usually quarterly. This is exactly the kind of record-keeping that turns into a nightmare if you leave it to a shoebox in June, and a non-event if you capture it as you go.

(Delivery-only drivers — Uber Eats, DoorDash, Menulog — are treated differently to passenger rideshare: the compulsory-GST rule applies to ride-sourcing. If you do both, or only deliver, check your specific GST position. See the FIGURES note above.)

The big one: claiming your car the right way

You can claim your car expenses using one of two methods — and you can only use one per car, per year. Choosing the wrong one is where drivers quietly lose the most money.

Method 1 — Cents per kilometre (simple, but capped)

You claim a set rate for every business kilometre, up to a hard cap of 5,000 business kilometres. At the FY2024–25 rate of 88 cents per km (verify the current year's rate), that's a maximum deduction of $4,400 — and not a cent more, no matter how far you drove.

This suits the occasional, part-time driver. But a full-time rideshare driver can easily do 25,000–40,000 work kilometres a year. For them, the cap leaves a fortune on the table.

Method 2 — Logbook (more work, no cap)

You keep a 12-week logbook to work out the business-use percentage of your car, then claim that percentage of your actual running costs — with no kilometre limit. The logbook stays valid for five years, so it's a one-off effort that pays off for half a decade.

Under the logbook method you claim your business-use % of:

Fuel
Servicing, repairs and tyres
Registration and insurance
Interest on a car loan (or lease payments)
Depreciation (the decline in value of the car, subject to the car cost limit)

For a high-kilometre driver, this is almost always the bigger claim. The catch is the record-keeping — which is precisely the part TaxBot automates.

The full rideshare deduction checklist

Beyond the car, here's what drivers routinely forget. You can only claim the work-related portion of each — if you use something 60% for driving and 40% personally, you claim 60%.

Platform service fees & commissions — Uber/DiDi take a cut of every fare. That cut is a deductible business expense. (It's in your monthly statements.)
Phone & data — your work-use percentage of the bill. For a full-time driver running navigation and the driver app all shift, this percentage is high.
Tolls incurred while working.
Parking while waiting for or picking up passengers (not parking fines).
Car washing & cleaning — keeping the car presentable for passengers is a genuine cost.
Water, mints and amenities you provide to passengers.
Phone mount, charger and cables used for driving.
Fees & subscriptions — bank fees on the business account, accounting/tax-app subscriptions, and the cost of a registered agent.
Safety items — dashcam, first-aid kit, hand sanitiser.

What you CANNOT claim (the audit traps)

Normal clothes. Everyday clothing isn't deductible, even if you "wear it for work".
Fines. Speeding and parking fines are never deductible.
Private travel. Driving the kids to school in the same car is private use — it must come out of your business-use percentage.
The drive from home before you go online is generally private travel. Your business kilometres start when you're available for / accepting trips.
The whole car if you also use it privately — only the business-use share.

Real numbers: why the method matters

Meet Sam, a full-time Uber driver in Melbourne

Sam's year:

Total kilometres driven: 40,000
Business kilometres: 30,000 (75% business use, per a valid logbook)
Fuel: $6,800
Servicing, tyres & repairs: $2,400
Registration & insurance: $2,100
Depreciation: $4,500
Total running costs: $15,800

Cents-per-km method:

Capped at 5,000 km × $0.88 = $4,400 deduction

Logbook method:

$15,800 × 75% business use = $11,850 deduction

Difference: $7,450 in extra deductions — before you've even added phone, tolls, cleaning and platform fees. At a marginal rate of 32.5%, that's roughly $2,400 back in Sam's pocket, just from picking the right method and keeping a logbook. (Figures illustrative — verify current rates.)

This is the whole game for full-time drivers: the cents-per-km cap quietly limits you to $4,400 while your real, documented costs are two to three times that.

The four mistakes that get drivers audited

The ATO receives your income data straight from the rideshare platforms and matches it to your return. So the risk isn't under-reporting income — it's over-claiming deductions you can't support.

1. No logbook, but claiming logbook-method costs. If you claim actual running costs, you need a valid 12-week logbook. No logbook = the claim can be disallowed.

2. Claiming 100% of the car. Almost nobody uses their car only for rideshare. Claiming no private use is a red flag.

3. Claiming GST credits without tax invoices. Keep the receipts — bank statements alone often aren't enough for larger claims.

4. Forgetting to set GST aside. 1/11th of every fare belongs to the ATO. Drivers who spend it get a nasty BAS shock. Move it to a separate account as you earn.

How TaxBot makes this effortless

Rideshare tax is really a record-keeping problem — and that's exactly what TaxBot is built for:

Snap every expense — fuel, car wash, phone bill, mints. TaxBot's AI reads the receipt, categorises it, and works out the deductible and GST portions for you.
Trip tracking → a compliant logbook so you can prove your business-use percentage and beat the cents-per-km cap.
GST set-aside view so you always know what you owe at BAS time and never spend it by accident.
Tax-time report — a clean, category-by-category summary ready for your return or your agent, instead of a shoebox.

Your action plan

Register for an ABN and GST before (or as soon as) you start driving.
Open a separate account and move 1/11th of every fare into it for GST.
Start a 12-week logbook today if you drive more than ~5,000 work km a year — it's valid for five years.
Capture every expense as it happens — the deductions you forget are the money you lose.
Review before 30 June and lodge with confidence.

Your car is working hard for you. Make sure your tax return knows it.