Adelaide's independent news


Budget to cut ways to claim car expenses


Comments Print article

The Federal Government is halving the number of ways Australians can claim work-related motor vehicle expenses from the tax office.

There are various ways to claim a tax deduction: cents per kilometre; a logbook; 12 per cent of a car’s original value; or one-third of actual expenses.

The last two will be discontinued because they are used in less that two per cent of cases, Assistant Treasurer Josh Frydenberg said on Monday ahead of tomorrow’s federal budget.


We value local independent journalism. We hope you do too.

InDaily provides valuable, local independent journalism in South Australia. As a news organisation it offers an alternative to The Advertiser, a different voice and a closer look at what is happening in our city and state for free. Any contribution to help fund our work is appreciated. Please click below to become an InDaily supporter.

Powered by PressPatron


Show comments Hide comments
Will my comment be published? Read the guidelines.

More Business stories

Loading next article