15 October 2020
You can claim motor vehicle expenses that are part of the everyday running of your business, such as travelling between different business premises and visiting clients.
Common expenses include:
If you operate your business as a sole trader or partnership and use a car as part of the everyday running of your business, you can work out your claim using the:
The rates for the cents per kilometre method are:
It applies for a maximum of 5,000 business kilometres per car.
For the logbook method, you need to keep a logbook for at least 12 continuous weeks and work out the percentage of business use for each car expense.
You can only claim the actual costs of expenses based on receipts if you:
Always keep records showing how you calculated your claim.
Remember, if you use your vehicle for both business and private use, you can only claim the business portion of the expenses.
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