今天要去BRAISIDE，帮D处理一些ARC方面的事务。:)
D这周要上昆士兰参加一个BLUE FESTIVAL。他侄子DAN则也要去那边三个月，FARMER。:)
下午去看车。晚上回来上网作业，找到以下内容，觉得对大家有用，转帖过来保存。:lol
Vehicle expenses: the best road to take
Date
April 4, 2011
Read later
Business Maxims
View more articles from Business Maxims
submit to redditEmail articlePrintReprints & permissions
When it comes to income tax, amounts claimed as business expenses are less likely to be challenged by the tax office than employment related expenses. One of the reasons for this is that substantiation rules relating to employment tax deductions are more detailed and specific.
The substantiation rules applying to claims for motor vehicle costs against employment income are tighter than those applying to a claim by a business. Despite this reduced level of substantiation business owners must still be able to demonstrate that there is a link between an expense and their business activities, and show the percentage that relates to their business when there is business and private usage.
Q. In a recent article you mentioned that if a van is a commercial vehicle the purchaser would be able to claim 100 per cent of the running costs and depreciation even though the vehicle is used privately 10 per cent of the time.
My accountant has advised me that although a commercial vehicle does not come under the motor vehicle substantiation rules, it would still be subject to ordinary substantiation and is not automatically 100 per cent business deductible.
Advertisement
His advice was that it was still best to keep a log book in case the ATO wished to substantiate my claim at a later date. Is my accountant wrong? Would it be different if the private use was 20 per cent, or 30 per cent? Does it matter if I have another car or not?
A. Your accountant is not wrong as the burden of proof is still on an owner to justify their business use where a cost or an asset is used for both business and private purposes. Where a person running a business had only one vehicle that was a commercial van, it would be hard to justify a claim for 100 per cent. If they had another vehicle they can however make a case that the private use of the van is minor and infrequent and they could claim 100 per cent of the running costs.
Q. I have a business that accounts for GST using the cash basis. I am considering purchasing a new vehicle that will have a mix of business and personal use. I am trying to understand the best financing arrangement for my company and am not sure whether hire purchase, chattel mortgage or a lease is best?
A. As you are on the cash method of accounting for GST it will not make sense using a Hire Purchase contract. This is because under a HP contract the GST included in the purchase price is claimed over the term of the HP agreement. This would mean on a vehicle costing $44,000, with $4000 in GST and using a four year HP agreement, the claim would be $1000 in a full year and a part claim in the first and last year.
If instead a chattel mortgage was used to purchase the vehicle a claim for the GST can be made in the quarter the vehicle is purchased. If you used a lease the finance company claims the GST and they charge GST on each lease payment. Under a chattel mortgage or HP agreement no GST is included in the monthly repayment amounts.
The amount of GST claimed will be limited to the business use of the vehicle. If the business use of the vehicle is 60 per cent, you could claim this percentage of the GST paid. For the $44,000 vehicle, using a chattel mortgage would result in a claim of $2400 in the quarter that the vehicle is purchased.
Questions on small business tax or other issues can be emailed to business@taxbiz.com.au
Tax for small business, a survival guide, by Max Newnham is available in bookstores.
Read more: http://www.theage.com.au/small-business/finance/vehicle-expenses-the-best-road-to-take-20110404-1cuxc.html#ixzz2U73VTmK5
昨天去看车，近40K。:lol
今天还有好几件事要办。:lol
昨天9点到工地，干到下午5点。更换完两台FUJITSU中央空调的压缩机。空调是26KW的热泵型中央空调。:)
:congra :congra :congra 感谢所有帮衬过我们的新老客户们，祝你们生意兴隆，万事顺意。:congra :congra :congra
今天天气不错。:lol
今天选号，明天提车。:)
墨尔本冬季安装空调，节省更多。:good
:congra 今天去提车。:congra
准备寒冬到来前安装空调的朋友可以下手了。:lol
希望这个周六不要下雨。:lol
谢谢各位来电咨询的朋友。明天6月1日，是今年冬季正式到来的第一天，祝各位身体健康，万事胜意。:lol
墨尔本的冬天就是雨多，夏天就是风大。:) 这不外面又开始下起倾盆大雨。菜地不要浇水了。:lol
去ALDI，买了些SKI用的东东。有些衣服平时在家也可以穿，超保暖。:lol
本来工地有安排，因大雨无法户外作业，改ALDI扫货，刚回来。:lol
FREEOZ今天改版了？:good
今天在CLAYTON完成一台PANASONIC的3.5KW 分体空调的安装。:)
朋友R准备申请PR了，顺同将LP一块办过来，我要帮他做证，见证真实的爱情历程。:lol
昨晚干完活回到家已很晚了，得知朋友B前天被公司辞退，大吃一惊。赶紧去电话给他，电话里聊了近一个小时。朋友B在公司已供职三年多了。维省经济今年或来年不知会恶化成什么样？:(
热烈祝贺中国神舟十号发射成功。衷心祝福三位中国宇航员凯旋。:good:good:good
大家端午节快乐吧。昨天去朋友家打边炉过的节。喝青岛啤酒呀。:lol
今天下午去了一趟CLAYTON，去老房东家走了走，车也送去喜悦那做了下保养。:)
今天要去趟THOMASTOWN。水瓶座勋章很有爱呀。:lol
这两天晚上超冷，特别是第二天早上，感觉更冷。所以早上起来，也要开上暖气才好过。:lol
这几天墨尔本超级冷，祝各位新老客户都有一个温暖的冬季。:)
今天TWIST到货。儿子想必超开心。新VAN回娘家做第一次SERVICE。
今天上午去了两趟MASTERS，昨天和今天都去了趟SOUTHLAND SHOPPING CENTRE。下午还去了趟DANDENONG NORTH。:)
今天去SOUTHLAND SHOPPING CENTRE。然后再上LOWER PLENTY，帮一SUBWAY维修不制冷的冷库。再回WANTIRNA看一冷库。再回家。:)明天还要回WANTIRNA。