Car & Travel Expenses

When it comes to knowing what expenses are related to your car and your travel, many taxpayers are hesitant about making claims for deductions. This is not surprising, considering the Australian Tax Office announced it would be paying closer attention to tax deductions, including car and travel expense deductions.

While the advance warning may not seem like big news to many, it raises many questions for those who deduct significant amounts based on vehicle and travel expenses. Our blog posts can help clear away confusion regarding restrictions and amounts. We also provide information about the gig economy and the tax requirements that stay.

How to Use Your Car Logbook for Tax Purposes

[Updated August 20, 2024] If you use your vehicle for work and do not deduct the amount of…

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Disclaimer

The information provided on this website is for general informational purposes only and is not intended to be legal, financial, or tax advice. While we strive to ensure the accuracy of the information, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability of the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is strictly at your own risk. You should directly consult with a qualified tax professional such as ours before making any tax-related decisions.

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