Alex wants to start recording her ride-sourcing income and expenses in her spreadsheet. Let’s review the platform tax summaries first.

What makes up Alex’s ride-sourcing income?

Her ride-sourcing income is made up of the full amount the passenger pays to the platform and the bonuses and extra payments she gets from the platform.

To complete the income section of your spreadsheet you record the gross fare which is the full passenger fare, split fare fees, tolls, city and government fees, airport fees and booking fees, other payment types and tips. 

Whatever is charged to your passenger on behalf of your ride-sourcing business forms part of your income, along with any other payments like bonuses, or other payments a platform has paid you.