You’re in luck if you’ve misplaced your fuel receipts but still want to claim your vehicle expenses on tax in Australia. The Australian Taxation Office (ATO) offers a cents-per-kilometre method where you can claim up to 5,000 kilometres at 78 cents per kilometre without needing receipts. That means you can claim up to $3,900 annually just by logging your business kilometres. However, if you want to claim more than that, or switch to actual expenses, you’ll need to keep detailed records and receipts. So, unless you’re a world-class odometer liar, stick to the 5,000 km limit and keep a diary to avoid the tax office giving you the stink eye.
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