Claiming kilometres on your tax return is a classic Aussie way to squeeze back a bit of your hard-earned cash. Essentially, the ATO lets you claim work-related car expenses either via the cents-per-kilometre method or the logbook method. The cents-per-kilometre rate is currently 72 cents per km for up to 5,000 km per year—no receipts needed, just your word and some evidence. The logbook method demands more paperwork but can net you a bigger deduction if you drive heaps for work.
Keep those records tight, mate, or the taxman will come knocking. For more details and calculators, check out the ATO's official site or get advice from ServiceCentral to avoid turning a simple claim into a nightmare.
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