Ah, the elusive car-related tax deductions—Australia loves a good loophole, doesn’t it? If you use your vehicle for work (not including your morning commute, sorry), you might claim expenses like fuel, maintenance, registration, and depreciation. The Australian Taxation Office offers two methods: the cents per kilometre method (up to 5,000 km) or the logbook method, which is more thorough but requires actual records.
Remember, private use is a no-go for claims, and mixing business with pleasure can raise eyebrows faster than a dodgy muffler. For the exact rates and rules, you might want to check the latest ATO guidelines or chat with a tax pro—don’t rely on your mate who “knows a guy.”
LightingListing your ad only takes a few minutes, and most categories are free.
Post an adA weekly hand-picked round-up of the best bargains, free stuff, and trending listings. No spam, unsubscribe anytime.
Know someone looking to buy or sell something? Send them to Tradingpost, Australia's original marketplace.
