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Arnold has motor vehicle expenses of $6,000 for the income year 2020/2021 and has kept a logbook. Arnold's logbook shows that 50% of his annual
Arnold has motor vehicle expenses of $6,000 for the income year 2020/2021 and has kept a logbook. Arnold's logbook shows that 50% of his annual kilometres travelled in his motor vehicle (10,000 kilometres) are business-related.
What options does Arnold have to claim a deduction for his motor vehicle expenses?
Which method of calculating motor vehicle expenses should Arnold choose and why?
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