Cents per Km Deduction Rate for Car Expenses from 1 July 2018

By WSC GROUP | Created on August 07, 2018

The Commissioner of Taxation has determined that the rate at which work-related car expense deductions may be calculated using the cents per kilometre method is 68 cents per kilometre for the income year commencing 1 July 2018 (up from 66 cents per kilometre).

The material and contents provided in this publication are informative in nature only. It is not intended to be advice and you should not act specifically on the basis of this information alone. If expert assistance is required, professional advice should be obtained.
  • Talk to us
  • Book a Free
  • Upcoming Events
  • David shaw's

Connect with WSC Group