Item 3 - Motor vehicles



This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

End of attention

Label C

Write at C the total cost of all your motor vehicles for which you first claimed a deduction for decline in value in this income year. Do not include the cost of motor vehicles for which you have calculated car expenses using the '12 per cent of original value' or 'cents per kilometre' method as you cannot deduct an amount for the decline in value of these motor vehicles under the UCA.

Last modified: 21 Oct 2002QC 27435