Motor vehicle expenses – how to get them right

The ATO has published a new factsheet on motor vehicle expenses to help small businesses get this right.

The small business motor vehicle expenses fact sheet will help you answer common questions about:

  • types of motor vehicle expenses you can claim;
  • methods you can use to calculate your claim;
  • private use of a business car;
  • whether your vehicle is considered to be a car, and how this affects your claim; and
    records you need to keep.

If you use motor vehicles in your business, this fact sheet is for you.

 

Download the factsheet here.

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