Commonwealth Numbered Acts

INCOME TAX ASSESSMENT ACT 1997 No. 38 of 1997 - SECT 28.170

(1) For particular types of *cars used in particular ways you don't need to
use one of the 4 methods to calculate your deductions for *car expenses.

(2) You may use one of the 4 methods, or you may instead calculate the
deductions under the normal principles governing deductions, including the
rules for apportioning a loss or outgoing that is only partly attributable to
producing assessable income.

(3) This section applies if, whenever you used the *car in the income year:

   (a)  the car was covered by the description in column 2 of an item in the
        table below; and

   (b)  you used the car as described in column 3 of that item.

Item    Column 2          Column 3
        Particular car    Exempt use
1.      The *car was:
   (a)  a panel van or utility truck; or

   (b)  any other road vehicle designed to carry a load of less
than 1 tonne (other than a vehicle designed principally to
carry passengers); or

   (c)  a taxi.
You used the car only in one or more of the
following ways:

   (a)  in the course of producing your
assessable income;

   (b)  to go between your residence and a place
where you use the car in the course of
producing your assessable income;

   (c)  by providing the car to someone else to
drive between his or her residence and a
place where the car is used in the course of
producing your assessable income;

   (d)  for the purpose of travel that is
incidental to using the car in the course of
producing your assessable income;

   (e)  for your own or someone else's private
use that was minor, infrequent and
irregular.
2.      The *car was part of the trading stock of a *business of

selling cars that you carried on.
You used the car in the course of the
business.
3.      The *car was any type of car.

You let the car on lease or hire in the
course of a *business of letting cars on
lease or hire that you carry on.
4.      The *car was any type of car.

As an employer, you provided the car for the
exclusive use of one or more of the
following:

   (a)  your employees;

   (b)  their *relatives;
in circumstances where one or more of them
was entitled to use the car for private
purposes. Note: This Subdivision also applies to entities that are not
employers, but pay (or are liable to pay) PAYE earnings: see section 28-185.