Taxpayers who are registered for GST can claim GST credits (or 'input tax credits') for the GST included in the price of goods and services they buy for their business.

However, if you buy something for both business and private use, you need to apportion the GST credit to only claim the business use.

For example, if you buy a car for ride-sourcing (e.g., to use as an Uber driver), you should work out the percentage they use it for business purposes and only claim a GST credit on that amount.

Please contact our office if you require assistance with any of this, including potentially using 'annual private apportionment' to account for the private portion of your business purchases.