| Income Tax ? Car Expenses - One third of actual Expenses |
| One-third of Actual Expenses |
Taxpayers can deduct one-third of the total running costs of the car that would qualify as a deduction.
Substantiation is required under this method for all expenses, although claims for petrol and oil may be reasonably estimated based on odometer records and average fuel costs and fuel consumption statistics.
20th-March-2004 |
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