Elise maintained a logbook for her car, she travelled 21800km of which 27% was for business. Advise

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Elise maintained a logbook for her car, she travelled 21800km of which 27% was for business. Advise whether Elise should use the cents per km method or logbook method.
Support your answer by providing the calculations for both methods.

Related Book For answer-question

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Oct 05, 2023 08:30 AM

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Elise maintained a logbook for her car, she travelled 21800km of which 27% was for business. Advise

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To determine whether Elise should use the cents per km method or the logbook method for claiming businessrelated car expenses well need to calculate t... View the full answer

Income Tax Fundamentals 2013

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