
How to keep a vehicle logbook
If you are a business owner or claim work-related expenses, good record keeping is essential. It ensures that you are maximising the deductions available to you, but also ensures that you are adhering to the ATO substantiation requirements, which means if the ATO decides to audit you, you are able to prove those deductions. Last year we put together a guide to keeping good tax records and as we head towards the final quarter for the 2019-2020 financial year, we take a closer