Great news for people who use their CARS for business purposes!

The ATO have announced that the rate for work-related car expenses has increased for the 2019 tax year to 68 cents per km.

This is applicable if you use the cents per km method for calculating the expense.

Isn’t it great to have more money to spend on our families!

Another tidbit from the Money Matters Made Easy for Small Business accountant.  Accolade Accounting