Here's why you should share half of the Uber earnings with your mate!

Are you thinking about joining the Uber driver community to earn some extra cash? Or maybe you already have, and you're wondering if you and a friend can share the same car for Uber driving? Well, you're in the right place because we're here to answer that burning question.

The short answer is yes, you can have two drivers share the same car for Uber in Australia, but there are some important details and rules you should know about.

  1. Car Ownership and Registration: First things first, the car you plan to use for Uber must be registered in your name or your co-driver's name. Both drivers should be listed on the car's registration papers.
  2. Insurance: Insurance is crucial when you're sharing a car for Uber. Uber requires that your vehicle is covered by a valid rideshare insurance policy. Make sure both drivers are included in this policy to ensure you're fully protected while driving for Uber.
  3. Driver Profiles: Each driver must create their own Uber driver profile. You and your co-driver cannot share the same account. Remember to provide all the necessary documents, including your driver's licence, vehicle registration, and insurance details when setting up your profiles.
  4. Background Checks: Uber conducts background checks on all drivers. Both you and your co-driver will need to pass these checks separately to drive for Uber. So, make sure you both have a clean record.
  5. Tax and Income Reporting: Keep in mind that when you share a car with someone for Uber, you'll also share the income earned from it. You'll both be responsible for reporting your earnings and paying taxes accordingly.
  6. Communication: Clear communication is essential when sharing a car. Coordinate your schedules and decide who drives when. Also, have a plan for handling maintenance and cleaning tasks to keep the car in good condition.
  7. Safety and Ratings: Your Uber ratings are individual, and they reflect your performance as a driver. So, it's essential to maintain a high rating to continue driving for Uber. Encourage your co-driver to provide excellent service as well.
  8. Fair Split of Earnings: Discuss how you'll split the earnings. Will it be a 50-50 split, or will you take turns driving for certain hours or days? Having a fair agreement in place is crucial to avoid conflicts.
  9. Emergency Situations: Have a plan for emergencies, breakdowns, or accidents. Make sure both drivers know what to do and how to handle these situations while driving for Uber.

In summary, two drivers can share the same car for Uber in Australia, but it requires careful planning, communication, and adherence to Uber's rules and regulations. Make sure both drivers have their profiles, insurance, and background checks in order, and remember to report your earnings accurately for tax purposes.

MyGigsters not only helps both the drivers to separately auto track their expenses but also brings specialised advice and support through expert accountants and financial advisors to help make them achieve their goals. Download today and experience the revolutionary tax journey!