Motor Vehicle Cents Per Km Rate. Motor vehicle rates per km. Actual costs (only available to businesses);
The tier 1 rate is a combination of your vehicle’s fixed and running costs. 66 cents per kilometre for.
Find Out More About The Ato Cents Per Km Rate For 2023/2024.
If you travel less than 5,000km for work you can claim the ato rate per kilometre travelled.
To Work Out How Much You Can Claim As A Deduction, You Simply Multiply The Total Work Or Business Kilometres You Travelled By The Appropriate Cents Per Kilometre.
See how the rate has changed, why,.
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To Work Out How Much You Can Claim As A Deduction, You Simply Multiply The Total Work Or Business Kilometres You Travelled By The Appropriate Cents Per Kilometre.
See how the rate has changed, why,.
The New Tax Year Is Starting On July 1St, And The Ato Has Announced The New Cents Per Km Rates For The 2023/2024 Year.
If you have more than one car you can claim the cents per km method on your income tax return.
There Are Three Different Ways To Claim Motor Vehicle Expenses, Including: