Car expense claim methods

Generally, you can claim deductions for car expenses if you own or lease the car you’re using. You can also claim deductions if you’re using your spouse or de-facto partner’s car. This is because the car is considered a joint asset.

You can only claim expenses directly related to your ride-sourcing business.

There are 2 different ways you can claim car expenses, the:

  • cents per kilometre method
  • logbook method.

You can only use one of these methods when calculating your car expenses.

Ride-sourcing: Income, expenses and GST

Steps Progress

Ride-sourcing and tax

4 mins

Managing income

4 mins

Claiming expense deductions

13 mins

Calculating and recording expense deductions

6 mins

Calculating and recording GST

6 mins

Completing your business activity statement (BAS)

2 mins

GST considerations when purchasing a new ride-sourcing vehicle

2 mins

Related courses

1 mins

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