Question
You are an employee real estate agent and have motor vehicle costs of $12,000 in 2019/2020. Your log book which shows 90% business use and
You are an employee real estate agent and have motor vehicle costs of $12,000 in 2019/2020. Your log book which shows 90% business use and you estimate that you travel 8,000 business km a year. What is the amount of the motor vehicle cost that you can claim in the 2019/2020 year ?
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Step: 1
Calculating the claimable motor vehicle cost Step 1 Calculate the business use percentage Since the ...
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Advanced Financial Accounting
Authors: Thomas Beechy, Umashanker Trivedi, Kenneth MacAulay
6th edition
013703038X, 978-0137030385
