The Lazy Tradie’s Way to Claim Motor Vehicle Expenses in 2019 Posted on December 20, 2019You wouldn’t say no if someone offered you $2,000 in exchange for a little hassle, would you? Odds are, you’d accept the deal in a heartbeat. So why do so many people miss out on claiming motor vehicle expenses, when it’s often about the same amount of money at stake for minimal hassle (assuming you […]
What Is a Vehicle Logbook? Every Tradie’s Question Answered Posted on December 18, 2019A vehicle logbook is a method for recording your business mileage for tax return purposes. It’s how you provide proof of your car expenses to the ATO so you can claim a portion of those expenses at tax time. Nifty, isn’t it? As a tradie, you’re spending your days on wheels – so you might […]
Car Expenses Cheat Sheet: Working the ATO Logbook Method Posted on December 16, 2019Do you use your personal car for business most of the time? If so, the ATO logbook method can help you boost your tax refund. The more you drive for business, the more you’re eligible for reimbursement. So, heads-up to plumbers, electricians, painters and other professionals that spend the day navigating between clients: you can […]
Keeping a Vehicle Log Book: What Do Accountants Know That You Don’t Posted on December 14, 2019Keeping a vehicle logbook is a chore most people would rather shy away from. It’s tiresome and tedious work that requires you to make the effort every time you drive your car. But what if we told you that the benefits outweigh the costs? Failing to record your work related mileage means cutting yourself short […]
6 Vehicle Logbook Apps Aussie Tradies Swear By Posted on December 13, 2019If you’re a self-employed tradie, the ATO allows you to claim your business expenses at tax time. Since driving takes up much of your day, you don’t want to miss out on claiming your car expenses. And why would you? For crying out loud, it’s a great way to inject money back into your home […]
5 ATO Logbook Apps Accountants Use to Claim Car Expenses Posted on November 26, 2019Saying electronic logbook software is useful for claiming car expenses is an understatement. It’s the next big thing in the tax preparation industry: a technical solution that has revolutionised the way people lodge their taxes. But how to choose a reliable ATO logbook app that will log your mileage properly? Follow a tip-off from accounting […]
5 Best Logbook Apps Accountants Never Drive Without Posted on November 19, 2019Giving your car a little TLC feels cathartic once in a while. It’s when car-related chores pile up that things get stressful. We’ve all been there. And we all know the feeling when tax time draws near and we still don’t have that logbook ready for the ATO. That’s exactly why you’re searching for a […]
4 Ways a Good Car Logbook App Actually Saves You Money Posted on November 12, 2019The ongoing costs of owning a car can sometimes literally drive you out of your wits. The average expenses of two-car household ownership in Australia can amount to $15,807 a year. What this means in practical terms is that this is yet another area where you need to think about saving money. Another chore on […]
How to Choose a Logbook App That Will Maximise Your Tax Return Posted on November 5, 2019Scouring the web in search of the best car logbook app? Well there’s good reason to: your tax return is at stake. And finding a good logbook app can make a huge difference. A reliable car logbook app not only helps you keep accurate business mileage records. It also earns you the maximum tax refund […]
The Top 5 Vehicle Logbook Apps Accountants Recommend Posted on October 23, 2019Are you in the market for a smartphone-based car logbook app? Proper record-keeping, as required by the Australian Tax Office, can be tedious. No one understands that more than an accountant at tax time. That’s why we’ve scoured the internet to bring you a list of logbook apps endorsed by accountants. But accurate logging shouldn’t […]