Personal motor vehicle use in the workplace

From 1 July 2015 there will only be one method for owners to claim motor vehicle expenses for work related use.  The maximum 77c per kilometer for large vehicles and 65c for small vehicles will be abolished and replaced with a flat rate of 66c per kilometer.  Owners of hybrid and electrically powered vehicles will also now be entitled to the 66c per kilometer reimbursement.

For employees who use private motor vehicles extensively, and claim over $5,000 per annum for motor vehicle usage at work will still need to complete Log Books.

The 12% of original value method and the 33% of actual expenses methods will be abolished.

Responsibility for reviewing the rate will move from Treasury to the Commissioner for Taxation and will be reviewed annually.

Leasing and salary sacrificing of motor vehicles will be unaffected.

re-printed with the permission of WilliamsonLegal

Cristy Houghton

Embarketing, 48 Johnston Street, Wagga Wagga, NSW, 2650

Cristy's unique career has taken her from country NSW to the city lights of Clarendon Street South Melbourne and back again. With an early career in radio as a copywriter and creative strategist, she is now a Jill of all trades as a graphic designer, website builder, blog writer, video editor, social media manager, marketing strategist and more. 

In fact, give her any task and this chick will figure out how to do it! Go on, we dare you!

No, really, we DARE you!!

Cristy has won two Australian Commercial Radio Awards (ACRAs) for Best Ad and Best Sales Promotion, and even has an 'Employee of the Year' certificate with her name on it.

Cristy and her husband James have traveled extensively through Russia, China and South East Asia, and have two fur-babies, Sooty (cat) and Panda (puppy). Cristy loves drinking coffee, meeting people to drink coffee, coffee tasting and coffee flavoured cocktails. She also enjoys road trips, TED Talks and watching cat videos on youtube.