Commonwealth Numbered Acts

INCOME TAX ASSESSMENT ACT 1997 No. 38 of 1997 - SECT 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 4 methods for calculating deductions for car expenses for the
*car is affected.

You may elect not to use the exception

(2) However, if you do not want your use of the 4 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
(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.



"12% of original value" and "one-third of actual expenses" methods

(4) You cannot use the "12% of original value" method (see
Subdivision 28-D) or the "one-third of actual expenses" method (see
Subdivision 28-E) of deducting *car expenses you incurred for the *car in the
income year.



"Log book" method
(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.