The cents/km method is the ATO-approved shortcut for claiming work use of your car: multiply your work kilometres by the ATO’s set rate per kilometre—no spreadsheets, no tears.
You can claim up to 5,000 km per car, per year without a logbook, but keep reasonable records (diary, calendar, odometer notes) to show how you worked it out. The rate already covers fuel, servicing, tyres, rego, insurance and depreciation, so don’t double-dip on those. Parking and tolls for work trips can be added on top; the daily commute still doesn’t count. Do more than 5,000 business km? Consider the logbook method if it works out better. Consult official documentation for exact figures.
Check back soon, or revise your filters.
Listing 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.
Know the warning signs of a dodgy deal before you buy or sell online.
Read the guideRead guide