If you are using your car for work-related travel you may be eligible to claim a deduction. From the 2015/2016 financial year, there are only two methods for claiming work-related car expenses and you can choose the claim that gives you the highest deduction. Some adjustments to your claim may need to be made if the car is jointly owned. The two methods are as follows:
The ‘cents per kilometre method’ will be modernised by replacing the three current (cents per kilometre) rates based on engine size, with one set rate.
To assist with calculating the correct motor vehicle deduction the ATO have provided a work-related car expenses calculator.