You are an employee real estate agent and have motor vehicle costs of $12,000 in 2019/2020.  Your log book which shows 90% business use and you estimate that you travel 8,000 business km a year.  What is the amount of the motor vehicle cost that you can claim in the 2019/2020 year ?

Answer rating: 100% (QA)

Calculating the claimable motor vehicle cost Step 1 Calculate the business use percentage Since the ... View the full answer