Income Tax Assessment Act 1997
CHAPTER 5
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ADMINISTRATION
PART 5-30
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RECORD-KEEPING AND OTHER OBLIGATIONS
Division 900
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Substantiation rules
Subdivision 900-I
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Award transport payments
Operative provisions
SECTION 900-250 Effect of exception in this Subdivision on methods of calculating car expense deductions 900-250(1)
If the exception in this Subdivision lets you deduct, without getting written evidence or keeping travel records, losses or outgoings ( exempt losses or outgoings ) that are or include *car expenses, or parts of *car expenses, your use of the 2 methods for calculating deductions for car expenses for the *car is affected.
You may elect not to use the exception
900-250(2)
However, if you do not want your use of the 2 methods to be affected, you may elect not to use the exception in this Subdivision for the *award transport payments you are paid in the income year. If you so elect, the rest of this section does not affect you.
" Cents per kilometre " method
900-250(3)
You can still use the " cents per kilometre " method (see Subdivision 28-C ) of deducting *car expenses you incurred for the *car in the income year. However, the kilometres the car travelled during the income year in the course of travel covered by the *award transport payment or payments are not counted as *business kilometres.
900-250(4)
(Repealed by No 162 of 2015)
" Log book " method
900-250(5)
You can still use the " log book " method (see Subdivision 28-F ) of deducting *car expenses you incurred for the *car in the income year. If you do:
(a) the kilometres the car travelled during the income year in the course of travel covered by the *award transport payment or payments are not counted as *business kilometres; and
(b) in working out the amount (if any) you can deduct for such a car expense that consists partly of an exempt loss or outgoing, Subdivision 28-F is applied to the whole of the car expense, without excluding the part that consists of an exempt loss or outgoing.
SECTION 900-250 Effect of exception in this Subdivision on methods of calculating car expense deductions 900-250(1)
If the exception in this Subdivision lets you deduct, without getting written evidence or keeping travel records, losses or outgoings ( exempt losses or outgoings ) that are or include *car expenses, or parts of *car expenses, your use of the 2 methods for calculating deductions for car expenses for the *car is affected.
View history note
Hide history noteYou may elect not to use the exception
900-250(2)
However, if you do not want your use of the 2 methods to be affected, you may elect not to use the exception in this Subdivision for the *award transport payments you are paid in the income year. If you so elect, the rest of this section does not affect you.
" Cents per kilometre " method
900-250(3)
You can still use the " cents per kilometre " method (see Subdivision 28-C ) of deducting *car expenses you incurred for the *car in the income year. However, the kilometres the car travelled during the income year in the course of travel covered by the *award transport payment or payments are not counted as *business kilometres.
900-250(4)
(Repealed by No 162 of 2015)
" Log book " method
900-250(5)
You can still use the " log book " method (see Subdivision 28-F ) of deducting *car expenses you incurred for the *car in the income year. If you do:
(a) the kilometres the car travelled during the income year in the course of travel covered by the *award transport payment or payments are not counted as *business kilometres; and
(b) in working out the amount (if any) you can deduct for such a car expense that consists partly of an exempt loss or outgoing, Subdivision 28-F is applied to the whole of the car expense, without excluding the part that consists of an exempt loss or outgoing.
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