Newsletter
June 2011 Newsletter
Car Expenses - Rates per Kilometre for 2010-11
The Government has announced the "cents per kilometre" rates for calculating tax deductions for car expenses for the 2010-11 income year - note they are unchanged from 2009-10 and are:
- small car
(non-rotary engine up to 1600cc, or rotary engine up to 800cc): 63c/km. - medium car
(non-rotary engine 1601-2600cc, or rotary engine 801-1300cc): 74c/km. - large car
(non-rotary engine 2601cc and above, or rotary engine 1300cc and above): 75c/km.