motor vehicle expenses

MV Expenses on ATO Radar

ATO seems to have increased their audit activities with regards to MV expense claims by doctors. Logbooks in particular are being investigated. When claiming MV expenses under the logbook method – which often gives the best results for tax purposes – one needs to ensure that all requirements have been met. In the first place you should actually have kept a logbook within the last 5 years. Read Moreā€¦