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Old 22-05-2014, 08:09 PM
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Quote:
Originally Posted by MikeRX99 View Post
Master d, the cars you are looking at will not actually be classed as a motor vehicle under the tax law , but as a commercial vehicle. That means so long as private us is minor and infrequent you can claim expenses etc against the allowance. Basically an have a heap of private use going to the shops and holidays, must be primarily wrk use.
You're getting motor vehicles and FBT confused here.

In regards to deductibility of motor vehicle expenses against the allowance whether it be a sedan or utility etc is irrelevant as long as you use one of the methods previously mentioned above to arrive at your deductible portion.
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Last edited by mARC; 22-05-2014 at 08:10 PM.
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