claiming kilometres for work Page 2

Ah, the noble art of claiming kilometres for work—because who doesn't want the taxman to subsidise their love of the open road? In Australia, you can claim car expenses if you use your vehicle for work-related travel (excluding commuting to and from your regular workplace). The two main methods are the cents per kilometre method and the logbook method. The cents per kilometre method lets you claim a set rate per kilometre (currently around 72 cents/km), up to 5,000 km per year. The logbook method is more meticulous but potentially more rewarding if you do heaps of work travel, requiring a detailed record of all trips over 12 weeks. Remember to keep your receipts and records handy—ServiceCentral might be your friend here for keeping track!