INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)
TABLE OF DIVISIONS
|2||Substantiating work expenses|
|3||Substantiating car expenses|
|4||Substantiating business travel expenses|
|7||Retaining and producing records|
|8||Relief from effects of failing to substantiate|
|9||Award transport payments|
For the ``one-third of actual expenses'' method or the ``log book'' method of deducting a car expense, you need to substantiate the expense by getting written evidence. Division 5 tells you about the evidence you need.3-2(2) [``one-third of actual expenses'' method]
(a) getting written evidence of it under Division 5 ; or
(b) keeping odometer records for the period when you owned or leased the car in the income year. 3-2(3) [Log book method]
If you are using the ``log book'' method and your expense is for fuel or oil, you do not need to get written evidence of it, because section 6-4 of Schedule 2A already requires you to keep odometer records for the period when you held the car in the income year.
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