Question 9 - Can I Claim My Motor Vehicle Expenses
This 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.t
In the resources section of our website we have a Motor Vehicle Tax Guide you can download, but we invite your call our office to discuss your personal situation.
OTHER QUESTIONS IN THIS SERIES:
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- What Tax Records Do I Need to Keep for My Business
- What Is a Business Activity Statement?
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- Do I have to include GST on my Invoices?
- What Software do You Recommend for My Start-Up Business?
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- What Do I Need to Do When I Employ My First employee?
- What’s the most appropriate tax structure for my business?
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- How Much Do You Charge?
- How Do I Change Accountants?