From the Form Individual Tax Return, select "Business" Tab and press the sub type "Net Income"
Scroll down to Motor Vehicle Expenses and select "ADD"
Fill Car Expense Details
Scroll down to "Calculation" and select" "S- Cents per kilometre" as the calculation method to use.
Then click "Back"
You can see that "Mazda" auto filled the "Motor Vehicle Expenses" schedule.
Click the little drop down and choose "S" (cents per kilometre method)
- Cents per km - ATO standard 5,000 kms @0.68 cents
- Logbook method - will allow user to input actual costs, like fuels, repairs etc.
- Both methods can be filled in one worksheet, fields for logbook are not required IF Cents per kilometer method has been chosen. User can complete kilometers and continue.