Category: Logbook Apps

If you drive your car to generate income, you have a chance to earn money back on your tax return. It’s in your best interest not to squander it. Paying out of pocket for your motor vehicle expenses can be budget-draining. Especially if you cover a handsome mileage as a tradie, a handyman or an […]

The Canadian Revenue Agency (CRA) allows people to claim the use of their car for work as a tax deduction.  One of the allowable ways to claim is by the ‘logbook method’. The logbook method allows people to claim a % of all of their vehicle expenses based on how much the vehicle is used […]

The Canadian Revenue Agency (CRA) allows people to claim the use of their car for work as a tax deduction. The CRA reviewS the rates regularly but they remain unchanged since last year 2020. The 2021 allowance rates are: 59 cents per km for the first 5,000km Plus 53 cents per km from 5,001km and […]

The Australian Taxation Office (ATO) allows people to claim the use of their car for work as a tax deduction. The rates are reviewed regularly and they applied a new rate for the 2021 and 2022 tax years. The rate for 2022/23 is:   78 cents per km for 2022/23   The ATO allows people […]

The Australian Taxation Office (ATO) allows people to claim the use of their car for work as a tax deduction. The rates are reviewed regularly and there is a NEW rate for the 2021 and 2022 tax years. The rate is:   72 cents per km for 2020–21 and 2021–22   The ATO allows people […]

Are you one of those people that won’t keep a logbook unless someone takes you by the scruff of the neck and forces you to do it? Good news is: things have changed. Gone are the days when you had to keep your driving log in printable logbooks and excel sheets. You can’t expect to […]

How would you like to earn some extra cash to spend on a hot holiday destination or that iPad you’ve been eyeing for some time? We bet our bottom dollar you’d like to learn how! Did you know you can actually do this by claiming your car expenses at tax time? Depending on the business […]

The fuss about keeping a mileage logbook is over exaggerated. Especially today when you can use a mobile app to log your car expenses and support your tax deduction claim. Yet, a good logbook app is hard to come by. It’s like looking for a needle in a haystack; there are plenty of unreliable apps […]

Claiming your car expenses is not without its challenges. But the most daunting challenge is knowing how to navigate the complex tax return process so you maximise your work-related tax deductions. If you cover a decent mileage for work, odds are you’re spending a lot towards your work-related car expenses. This can be measured in […]