When you buy or upgrade a vehicle to provide ride-sharing or food and beverage delivery services, you need to genuinely be in business at the time you bought it to claim the GST. This means you need to:
- be registered for GST at the time you bought the vehicle
- have made your first ride-sharing trip or food and beverage delivery within a reasonable amount of time after buying the vehicle.
You can only claim GST on the purchase to the extent the vehicle will be used for your ride-sharing or food and beverage delivery services. If you acquire a vehicle for business use and you change or partially change its use to private, you may have to make adjustments for this in your GST return.
Last updated:
03 Apr 2024