You want your tax and BAS done correctly without paying for services you do not need. Our Compliance Lite packages are built for sole traders, contractors, consultants and rideshare drivers with simple affairs.
What we look after
- Your individual tax return with business schedule
- Quarterly BAS preparation and lodgement
- GST registration: rideshare drivers must register for GST from their first trip, regardless of turnover
- Car expenses using the cents per kilometre or logbook method
- Home office and other work-related deductions
- PAYG instalments and personal services income (PSI) rules for contractors
How Compliance Lite works
You keep your transactions coded in Xero, MYOB or QuickBooks Online, and we review, correct and lodge. Support is by email for compliance matters, and the fee is a simple monthly direct debit. If you later want meetings and advice, you can move up to a Partner package at any time.
Compliance Lite: Sole Trader
From $199 + GST per month: one individual tax return with business schedule, quarterly BAS and up to 50 client-coded transactions a month.
Frequently asked questions
Do I need to register for GST as an Uber driver?
Yes. Anyone providing ride-sourcing services must register for GST from day one, regardless of turnover.
Can I claim my car expenses?
Yes, for the business use of your car. You can use the cents per kilometre method (up to 5,000 business kilometres) or the logbook method, which needs a valid logbook.
What is personal services income?
PSI is income mainly earned from your personal skills or effort. If the PSI rules apply, some deductions are limited. We will check whether they apply to you.
