Small business Motor vehicle expenses

This information will help you when claiming a deduction for motor vehicle expenses for your business – whether you use a registered tax agent or lodge your own return. Key points ƒƒ The way to calculate your claim depends on your business structure. ƒƒ If you change your business structure, your entitlements and obligations may […]

Travel Expenses

 What you need to know before you go   Travel expenses include:  Transport expenses are deductible when you travel in the course of performing your duties. This includes the cost of driving your car, flying, catching a train, taxi or bus.  Accommodation, meals and incidental expenses are deductible when you travel in the course of performing […]

Car Expenses

Car expenses What’s under the bonnet?   If you use your own car for work purposes, you can claim a deduction using the cents per kilometre method or logbook method. If you use someone else’s car for work purposes, you can only claim for direct costs you pay for – such as fuel.   You can claim […]