1.Car expenses-In addition to my regional flight travel, I had to do lot of metropolitan car travel going to all of the various metropolitan stores.The running costs on my car as advised by my local petrol station amounted to $15,000 for the year, but these were paid for by Junnings, even though I only used the car 50% for business use.I bought my new car at the start of the year costing $20,000 and I would like to claim the entire amount as a deduction, as I heard I can claim an'instant write off'.Regrettably. I had a slight accident during the year, and I was at fault, which caused me out of pocket expenses of $2,000 to repair the vehicle, as the insurance company would not pay up any contribution.

I need Issue / Law that applies, including Reasons (& Common Law/Tax Ruling) / Amount ($)

Effect on taxable income