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> However, this doesn't consider the fact that the drivers supply their own vehicle as well as out-of-pocket expenses for fuel, maintenance and general deprecia
by to11mtm 5y ago
> However, this doesn't consider the fact that the drivers supply their own vehicle as well as out-of-pocket expenses for fuel, maintenance and general depreciation on the vehicle itself. When you take these additional costs into consideration, that initial ~$27 looks closer to an illegally low ~$20/hr.
Pardon my ignorance on AU tax law, but is there anything the contractors do with those costs? For instance, in the USA if you are a contractor you are able to 'write off' those costs from your taxes (to be clear here, in most/all cases you are only getting back the taxes you paid on the money you paid for the service, e.x. if you are taxed at 20% and you paid 100$ for repairs to your contractor vehicle, you get 20$ back on your taxes, not 100$)
- robbiep 5y agoYes contractors/self employed are able to write off a lot of those same business expenses