It's time to start your logbook
The Tax Office has changed the way you can claim car expenses for 2016 and future years. If you use your car for work you might get a larger tax deduction if you keep a logbook for 12 weeks. You can still claim 5,000 kilometres without a logbook but the top rate per kilometre has been reduced so the maximum claim is $3,300. From 1 July 2015, there are only two methods available for claiming car expense deductions: 1. Cents per kilometre method 2. Logbook method Cents per ki