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Withholding tax for car allowances

By on February 25, 2016 in The Bottrell Office

Withholding tax for car allowances Withholding tax for car allowances The ATO has reminded that from 1 July 2015, car expense deductions for individuals were simplified. Prior to 1 July 2015, there were four methods for claiming car expenses: Cents per kilometre – capped at 5,000 kms Logbook – unlimited kms 12% original value One- […]