Guide to GST Registration and Income Reporting for Taxi and Ride-Sourcing Providers

Taxi, limousine, and ride-sourcing providers must register for GST regardless of turnover.
Providers must collect and pay GST and income tax on all rides and business income.
The ATO uses data from platforms to review drivers’ tax compliance.
Drivers need a TFN, ABN, and GST registration to comply with tax laws.
Registering for GST can be done through ATO online services.
Failure to register may result in penalties, interest, and back-dated GST registration.
The ATO monitors non-compliant drivers and may enforce registration and penalties.
A recent campaign led to over 3,000 drivers registering for GST.
The ATO continues to monitor and may take action against non-compliant drivers.

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.