Question 9 - Can I Claim My Motor Vehicle Expenses?

The answer to this question will all depend on:

  • The type of business structure you use
  • How much you use the vehicle for business purposes
  • If the vehicle has a carrying capacity of over 1 tonne

In the majority of cases, if you use your motor vehicle to travel between jobs, to visit customers and suppliers you will be entitled to some form of tax deduction and there are a number of different methods of claiming motor vehicle expenses including the log book method and cents per kilometre method.

In the resources section of our website we have published the Motor Vehicle Tax Guide that explains all the options and what is considered a business trip. You can download a copy and we also invite your call to discuss how you can maximise your claim for car and vehicle expenses.