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CGT Concessions for Small Business
Christmas Parties and Gifts
Commercial Work Vehicles
Corporate Secretarial and Costs
E-Bay Business
Education Tax Refunds
Employee vs Subcontractor
Financing Asset Purchases
FMRC - Benchmarking
How Long To Keep Your Records
Living Away From Home Allowance
Motor Vehicle Deductions
Net Medical Expense Offset
Novated Lease Arrangements
Overtime Meal Allowances
Payroll Tax
Personal Properties Security Register
Preparation and Lodgment of your Income Tax Return
QLD Land Valuation Act 2010
Rental Properties
Rental Properties and CGT
Residency
Review of ASIC Fees
Self Education Expenses
Small Business Tax Concessions
Superannuation Guarantee
Vehicle Log Books
Voluntary Agreements
What is a Settlor
Work Cover - NSW
Work Cover - QLD
Zone Tax Offset
Last Updated February 2012
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If you often travel for work purposes in your own car, you can possibly claim a large tax deduction for costly expenses such as petrol, services, repairs, registration and insurance.
One of the most effective methods to use is the log book method. This method is normally the one that will get you the best tax deduction if you use your car often for work (over 5000kms in a year); however it is also the method that requires the most substantiation, which can sometimes put people off.
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