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Uber Drivers will have to Register for GST/HST

As a result of the 2017 Federal Budget drivers of shared economy ride sharing services such as Uber and Lyft will be required to register for GST/HST regardless of their level of revenue, in other words the small supplier rules for sales of under $30,000 will not apply to them. The ride sharing companies which actually do the billing will have to provide accounting to their drivers and will have to remit the GST/HST as part of their payments to their drivers.

Disclaimer:

"This article provides information of a general nature only. It is only current at the posting date. It is not updated and it may no longer be current. It does not provide legal advice nor can it or should it be relied upon. All tax situations are specific to their facts and will differ from the situations in the articles. If you have specific legal questions you should consult a lawyer."

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