Work out your cents-per-kilometre car claim and what it saves at tax time.
Deduction vs cash back in your pocket
Car expense deduction
$3,520.00
The cents per kilometre method is capped at 5,000 work kilometres per car, per year. Above roughly that distance the logbook method usually produces a larger claim, but it requires a valid 12-week logbook plus records of your actual running costs.
Claim your car expenses with usThis calculator gives a general estimate only. It is not personal financial, credit or tax advice and does not take your objectives or circumstances into account.