As the end of FBT year 31 March 2022 is fast approaching, this is a reminder that if you travel in your own car for work purposes, record your work-related km for 13 weeks to try to maximise your tax claim for your car.
Ever since the pandemic, a lot of workers started working from home; and as such, car and travel expenses decrease. Nevertheless, make sure to record the odometer readings of your car to maximise a MV claim.
In one of our previous blogs entitled “Automate MV Trips Logbook“, there is an app called Driversnote that will help you keep track of your MV travel, if you prefer electronic recording rather than a paper-based MV logbook.