The records you need to keep for your business's motor vehicle expenses depend on how you calculate your claim. You will generally need to keep:
- details of the kilometres travelled for business and private use
- receipts for fuel, oil, repairs, servicing and insurance cover
- loan or lease documents
- tax invoices
- registration papers
- details of how you calculated your claim.
If you are a sole trader or partnership using the logbook method, you will need to keep additional records.
Keep your records for five years.
See also:
The records you need to keep for your business's motor vehicle expenses depend on how you calculate your claim.