2min chapter

Dev Raga Personal Finance cover image

227 tax time Q&A with an accountant

Dev Raga Personal Finance

CHAPTER

Can I Claim the Car Value of My Ute for Tax Purposes?

A, so it really just depends on what's available at that point in time. And if it was available, then nothing stopping doc from doing that, i would have thought. So as long as it's used for for work purposes, you'd go and claim the the work proportion of that,. up to the car limit, arm cap. Can they only claim the difference, let's say, if they sell the old ute for like 20 grand, so then the new ute, they can only claim 37 thousand. Or how does that work? Yes.

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