ATO cents per km calculator | Updated for 2025/2026
ATO cents per km calculator | Updated for 2025/2026
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🚗💰 How to Claim Motor Vehicle Expenses – Logbook vs. Cents Per Km 💡📖 There are two ways to claim your car expenses for tax: 1️⃣ Cents per km method – Simple, but capped at 5,000km per year 🚫 2️⃣ Logbook method – Tracks actual business use & could get you a WAY bigger deduction! 📊💰 A logbook is only required for 12 weeks but is valid for 5 years! If you're guessing your business use at 99%, you might not be compliant when the ATO comes knocking... 👀 Check out this video to make sure you’r
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🚗💰 How to Claim Motor Vehicle Expenses – Logbook vs. Cents Per Km 💡📖 There are two ways to claim your car expenses for tax: 1️⃣ Cents per km method – Simple, but capped at 5,000km per year 🚫 2️⃣ Logbook method – Tracks actual business use & could get you a WAY bigger deduction! 📊💰 A logbook is only required for 12 weeks but is valid for 5 years! If you're guessing your business use at 99%, you might not be compliant when the ATO comes knocking... 👀 Check out this video to make sure you’r
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