McKern News

Commercial Work Vehicles - Deductions and Log Books

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Expanding on our post from last week with respect to Motor Vehicle Deductions, we would like to provide additional information to those clients who are using a vehicle that is commercial in nature such as a utility or panel van. The ATO provides exceptions for these vehicles in the way which deductions can be calculated and claimed providing that the private usage is minor and incidental. Click on the below link to be directed to our fact sheet on this issue:

Utilities and Commercial Work Vehicles

Please contact your Accountant or Client Manager if you would like to discuss your circumstances or would like any additional information.