Car Expenses – Rates per Kilometre for 2010–11
The Government has announced the "cents per kilometre" rates for calculating tax deductions for car expenses for the 2010–11 income year – note they are unchanged from 2009–10 and are:
- small car (non-rotary engine up to 1600cc, or rotary engine up to 800cc): 63c/km.
- medium car (non-rotary engine 1601–2600cc, or rotary engine 801–1300cc): 74c/km.
- large car (non-rotary engine 2601cc and above, or rotary engine 1300cc and above): 75c/km.
