Keeping track of K's

[BANKS]

What do you guys use for keeping track of km's claimable via tax.

Just a notpad or a computer program or something? I've just been using a notpad but GOD it takes sooooo long...

I was thinking of getting something that truckies use? As you can probably tell this is my first year i've been able to claim for Km's lol

[Lumps of cheese]

I use a log book. Most newsagents have them and they're pretty easy to fill out.

[minux]

I print out my own self made logbook sheets, at the end of each month I take the written data and apply it to a spreadsheet. This spreadsheet keeps trac oil, petrol, servicing etc so come tax time I already know business use and exact amount Im claiming.

[holdensupporter2005]

I started off using a log book, but it was painfull having to fill it out each job that I went to. So now I just claim 80% of my Km to my business as the car is used mostly for that now. If I go up the street to the shops, I will usually go to the post office or the bank so I can make it a "Business Trip"

[minux]

I started off using a log book, but it was painfull having to fill it out each job that I went to. So now I just claim 80% of my Km to my business as the car is used mostly for that now. If I go up the street to the shops, I will usually go to the post office or the bank so I can make it a "Business Trip"

Erm, how can you claim 80% of your kilometres without a logbook?

[BANKS]

I print out my own self made logbook sheets, at the end of each month I take the written data and apply it to a spreadsheet. This spreadsheet keeps trac oil, petrol, servicing etc so come tax time I already know business use and exact amount Im claiming.

minux would you mind sending your log book template? I was making one lastnight but i just want to know if all the information i have put on it is all there.

So come tax time you just hand that spreadsheet in?

[minux]

minux would you mind sending your log book template? I was making one lastnight but i just want to know if all the information i have put on it is all there.

So come tax time you just hand that spreadsheet in?

Yeh will upload it shortly.

At tax time I only use the figures within that spreadsheet. I also have it setup for personal use where I can track average fuel consumption, variations between branding of fuel etc. I dont hand anything in at tax time except the figures in my final summary sheet. If I am audited I simply print out the whole spreadsheet and attach every docket and original hand written log sheet.

[stocky]

I started off using a log book, but it was painfull having to fill it out each job that I went to. So now I just claim 80% of my Km to my business as the car is used mostly for that now. If I go up the street to the shops, I will usually go to the post office or the bank so I can make it a "Business Trip"

you still need a logbook unless its under 5000km

[CSP]

Erm, how can you claim 80% of your kilometres without a logbook?

If 80% of his work km are 5000 or less, thats how

[minux]

If 80% of his work km are 5000 or less, thats how

I understand that but you still need to readily show how you come to that figure. Just because you do not need a log book does not mean you do not have to prove how you got those kilometres.
That being said, how many people who use a car for business use do less than 5000 km's each financial year?

[Kikki]

That being said, how many people who use a car for business use do less than 5000 km's each financial year?

Me, I do 2 km's a day lol

[CSP]

how many people who use a car for business use do less than 5000 km's each financial year?

Me So theres at l ast one...

[hsvpunk]

i claimed petrol/kms for my tax, have done for the past 2 years.
As the shops i have worked at had brother sister stores, so travelling between them. Always less than 10km trip.
what is it.. like 22cents per km.

[stocky]

i claimed petrol/kms for my tax, have done for the past 2 years.
As the shops i have worked at had brother sister stores, so travelling between them. Always less than 10km trip.
what is it.. like 22cents per km.

think its up around 50-60. depends on your engine size. i claimed 5000 last year

[MasterOfReality]

Log book from newsagent.

I did this for 3.5 years in my 5 litre Calais.

I enrolled in a PhD at uni and claimed every single kilometer I did and the parking costs.

And I went to uni almost every day

Edit - I just remembered that I was claiming around 8,000km per year. It was awesome for tax purposes.

[Troy711]

I print out my own self made logbook sheets, at the end of each month I take the written data and apply it to a spreadsheet. This spreadsheet keeps trac oil, petrol, servicing etc so come tax time I already know business use and exact amount Im claiming.

same. i also have the same for tools, material and clothes.

[VRV8_Matt]

i've done it before for driving from my primary place of work to my second job
but it wasn't enough k's in the year to need a log book.

I just wrote down how i figured out the k's i'd driven and what the result was and then chucked the peice of paper in with my tax stuff for that year.

[holdensupporter2005]

My vehicle is basically now used mainly as a business vehicle so if they need proof they can just look at my diary of jobs.

[BANKS]

What is the rule regarding to and from work?

I've heard you can claim to and from if you have to transport equipment from home to your workplace for use in the workplace aka you need that equipment to do you job? true/false?

[minux]

Banks, I reuploaded in 2003 format, so use the same link that i sent you in PM bud.

[Full Spectrum]

Notepad for me, It's the only way i can know my econemy at the moment.