{"id":2006,"date":"2021-06-04T15:25:51","date_gmt":"2021-06-04T05:25:51","guid":{"rendered":"https:\/\/aerogroup.com.au\/?p=2006"},"modified":"2021-06-11T12:29:20","modified_gmt":"2021-06-11T02:29:20","slug":"purchasing-a-vehicle-business-or-personal","status":"publish","type":"post","link":"https:\/\/aerogroup.com.au\/zh\/purchasing-a-vehicle-business-or-personal\/","title":{"rendered":"Purchasing a vehicle: business or personal?"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"2006\" class=\"elementor elementor-2006\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ddd5642 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ddd5642\" data-element_type=\"section\" data-settings=\"{&quot;_ob_glider_is_slider&quot;:&quot;no&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-02d9a4c\" data-id=\"02d9a4c\" data-element_type=\"column\" data-settings=\"{&quot;_ob_column_hoveranimator&quot;:&quot;no&quot;,&quot;_ob_column_has_pseudo&quot;:&quot;no&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d589381 elementor-align-center ob-has-background-overlay elementor-widget elementor-widget-post-info\" data-id=\"d589381\" data-element_type=\"widget\" data-settings=\"{&quot;_ob_widget_stalker_use&quot;:&quot;no&quot;,&quot;_ob_poopart_use&quot;:&quot;yes&quot;,&quot;_ob_shadough_use&quot;:&quot;no&quot;,&quot;_ob_allow_hoveranimator&quot;:&quot;no&quot;}\" data-widget_type=\"post-info.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<ul class=\"elementor-inline-items elementor-icon-list-items elementor-post-info\">\n\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-992a0a1 elementor-inline-item\" itemprop=\"author\">\n\t\t\t\t\t\t<a href=\"https:\/\/aerogroup.com.au\/zh\/author\/aerogroup\/\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-author\">\n\t\t\t\t\t\t\t\t\t\taerogroup\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t<\/li>\n\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-9e19858 elementor-inline-item\" itemprop=\"datePublished\">\n\t\t\t\t\t\t<a href=\"https:\/\/aerogroup.com.au\/zh\/2021\/06\/04\/\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-date\">\n\t\t\t\t\t\t\t\t\t\t6\u6708 4, 2021\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t<\/li>\n\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-8989b71 elementor-inline-item\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-time\">\n\t\t\t\t\t\t\t\t\t\t3:25 \u4e0b\u5348\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ac53f86 ob-harakiri-inherit ob-has-background-overlay elementor-widget elementor-widget-text-editor\" data-id=\"ac53f86\" data-element_type=\"widget\" data-settings=\"{&quot;_ob_use_harakiri&quot;:&quot;yes&quot;,&quot;_ob_harakiri_writing_mode&quot;:&quot;inherit&quot;,&quot;_ob_postman_use&quot;:&quot;no&quot;,&quot;_ob_widget_stalker_use&quot;:&quot;no&quot;,&quot;_ob_poopart_use&quot;:&quot;yes&quot;,&quot;_ob_shadough_use&quot;:&quot;no&quot;,&quot;_ob_allow_hoveranimator&quot;:&quot;no&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">When purchasing a new vehicle, we often get asked by clients whether they should buy it under their business or personal name for the purpose of getting the biggest tax deductions.<\/span><\/p><p><span style=\"font-weight: 400;\">There are several factors that we need to take into consideration in order to answer this question including whether the vehicle will be for business or private use and the tax exemptions you may qualify for.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ff1d19b ob-harakiri-inherit ob-has-background-overlay elementor-widget elementor-widget-heading\" data-id=\"ff1d19b\" data-element_type=\"widget\" data-settings=\"{&quot;_ob_use_harakiri&quot;:&quot;yes&quot;,&quot;_ob_harakiri_writing_mode&quot;:&quot;inherit&quot;,&quot;_ob_harakiri_text_clip&quot;:&quot;none&quot;,&quot;_ob_widget_stalker_use&quot;:&quot;no&quot;,&quot;_ob_poopart_use&quot;:&quot;yes&quot;,&quot;_ob_shadough_use&quot;:&quot;no&quot;,&quot;_ob_allow_hoveranimator&quot;:&quot;no&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Differences in calculations for vehicles owned by the company or personally<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f953cc1 ob-harakiri-inherit ob-has-background-overlay elementor-widget elementor-widget-heading\" data-id=\"f953cc1\" data-element_type=\"widget\" data-settings=\"{&quot;_ob_use_harakiri&quot;:&quot;yes&quot;,&quot;_ob_harakiri_writing_mode&quot;:&quot;inherit&quot;,&quot;_ob_harakiri_text_clip&quot;:&quot;none&quot;,&quot;_ob_widget_stalker_use&quot;:&quot;no&quot;,&quot;_ob_poopart_use&quot;:&quot;yes&quot;,&quot;_ob_shadough_use&quot;:&quot;no&quot;,&quot;_ob_allow_hoveranimator&quot;:&quot;no&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Personal use<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-71b1172 ob-harakiri-inherit ob-has-background-overlay elementor-widget elementor-widget-text-editor\" data-id=\"71b1172\" data-element_type=\"widget\" data-settings=\"{&quot;_ob_use_harakiri&quot;:&quot;yes&quot;,&quot;_ob_harakiri_writing_mode&quot;:&quot;inherit&quot;,&quot;_ob_postman_use&quot;:&quot;no&quot;,&quot;_ob_widget_stalker_use&quot;:&quot;no&quot;,&quot;_ob_poopart_use&quot;:&quot;yes&quot;,&quot;_ob_shadough_use&quot;:&quot;no&quot;,&quot;_ob_allow_hoveranimator&quot;:&quot;no&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">If the vehicle is purchased under a personal name, the tax deductions for your expenses can be calculated using the logbook method or the cents per kilometre method.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7821fe4 ob-harakiri-inherit ob-has-background-overlay elementor-widget elementor-widget-heading\" data-id=\"7821fe4\" data-element_type=\"widget\" data-settings=\"{&quot;_ob_use_harakiri&quot;:&quot;yes&quot;,&quot;_ob_harakiri_writing_mode&quot;:&quot;inherit&quot;,&quot;_ob_harakiri_text_clip&quot;:&quot;none&quot;,&quot;_ob_widget_stalker_use&quot;:&quot;no&quot;,&quot;_ob_poopart_use&quot;:&quot;yes&quot;,&quot;_ob_shadough_use&quot;:&quot;no&quot;,&quot;_ob_allow_hoveranimator&quot;:&quot;no&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Logbook method<\/h5>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1f53a3b ob-harakiri-inherit ob-has-background-overlay elementor-widget elementor-widget-text-editor\" data-id=\"1f53a3b\" data-element_type=\"widget\" data-settings=\"{&quot;_ob_use_harakiri&quot;:&quot;yes&quot;,&quot;_ob_harakiri_writing_mode&quot;:&quot;inherit&quot;,&quot;_ob_postman_use&quot;:&quot;no&quot;,&quot;_ob_widget_stalker_use&quot;:&quot;no&quot;,&quot;_ob_poopart_use&quot;:&quot;yes&quot;,&quot;_ob_shadough_use&quot;:&quot;no&quot;,&quot;_ob_allow_hoveranimator&quot;:&quot;no&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Under the logbook method, you will need to take note of the business-use percentage of the vehicle\u2019s expenses.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">To use this method, you will need odometer readings and a logbook for a minimum of a continuous 12 weeks as evidence when you claim your deduction.<\/span><\/p><p><span style=\"font-weight: 400;\">You must have written evidence and receipts of all vehicle expenses when using this method.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9152f3b ob-harakiri-inherit ob-has-background-overlay elementor-widget elementor-widget-heading\" data-id=\"9152f3b\" data-element_type=\"widget\" data-settings=\"{&quot;_ob_use_harakiri&quot;:&quot;yes&quot;,&quot;_ob_harakiri_writing_mode&quot;:&quot;inherit&quot;,&quot;_ob_harakiri_text_clip&quot;:&quot;none&quot;,&quot;_ob_widget_stalker_use&quot;:&quot;no&quot;,&quot;_ob_poopart_use&quot;:&quot;yes&quot;,&quot;_ob_shadough_use&quot;:&quot;no&quot;,&quot;_ob_allow_hoveranimator&quot;:&quot;no&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Cents per kilometre method<\/h5>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0d73601 ob-harakiri-inherit ob-has-background-overlay elementor-widget elementor-widget-text-editor\" data-id=\"0d73601\" data-element_type=\"widget\" data-settings=\"{&quot;_ob_use_harakiri&quot;:&quot;yes&quot;,&quot;_ob_harakiri_writing_mode&quot;:&quot;inherit&quot;,&quot;_ob_postman_use&quot;:&quot;no&quot;,&quot;_ob_widget_stalker_use&quot;:&quot;no&quot;,&quot;_ob_poopart_use&quot;:&quot;yes&quot;,&quot;_ob_shadough_use&quot;:&quot;no&quot;,&quot;_ob_allow_hoveranimator&quot;:&quot;no&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Using the cents per kilometre method, the rate is 72 cents per kilometre travelled for business purposes as of 1 July 2020. This rate changes from time to time so be sure to check the <\/span><a href=\"https:\/\/www.ato.gov.au\/individuals\/income-and-deductions\/deductions-you-can-claim\/vehicle-and-travel-expenses\/car-expenses\/#centsperkm\"><span style=\"font-weight: 400;\">ATO\u2019s website<\/span><\/a><span style=\"font-weight: 400;\"> for the most recent rate.<\/span><\/p><p><span style=\"font-weight: 400;\">This claim is capped at 5,000 business kilometres per vehicle. If your vehicle is jointly owned and used for separate income-earning activities, you may claim a maximum of 5,000 kilometres each.<\/span><\/p><p><span style=\"font-weight: 400;\">You may be required to provide written evidence of how you recorded your kilometres travelled for business purposes, such as by providing diary records of trips made for these purposes.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3a9dc39 ob-harakiri-inherit ob-has-background-overlay elementor-widget elementor-widget-heading\" data-id=\"3a9dc39\" data-element_type=\"widget\" data-settings=\"{&quot;_ob_use_harakiri&quot;:&quot;yes&quot;,&quot;_ob_harakiri_writing_mode&quot;:&quot;inherit&quot;,&quot;_ob_harakiri_text_clip&quot;:&quot;none&quot;,&quot;_ob_widget_stalker_use&quot;:&quot;no&quot;,&quot;_ob_poopart_use&quot;:&quot;yes&quot;,&quot;_ob_shadough_use&quot;:&quot;no&quot;,&quot;_ob_allow_hoveranimator&quot;:&quot;no&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Business use<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ef4a053 ob-harakiri-inherit ob-has-background-overlay elementor-widget elementor-widget-text-editor\" data-id=\"ef4a053\" data-element_type=\"widget\" data-settings=\"{&quot;_ob_use_harakiri&quot;:&quot;yes&quot;,&quot;_ob_harakiri_writing_mode&quot;:&quot;inherit&quot;,&quot;_ob_postman_use&quot;:&quot;no&quot;,&quot;_ob_widget_stalker_use&quot;:&quot;no&quot;,&quot;_ob_poopart_use&quot;:&quot;yes&quot;,&quot;_ob_shadough_use&quot;:&quot;no&quot;,&quot;_ob_allow_hoveranimator&quot;:&quot;no&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">If the vehicle is purchased under your business name, you will be able to claim all the expenses of using the vehicle including fuel, depreciation and interest. However, <strong>fringe benefits tax (FBT)<\/strong> must be taken into account.<\/span><\/p><p><span style=\"font-weight: 400;\">Fringe benefits occur when a company-owned car is used by staff for private purposes such as driving home from work or running personal errands. The company must bear these costs.<\/span><\/p><p><span style=\"font-weight: 400;\">There are <\/span><a href=\"https:\/\/www.ato.gov.au\/general\/fringe-benefits-tax-(fbt)\/types-of-fringe-benefits\/car-fringe-benefits\/fringe-benefits-tax---exempt-motor-vehicles\/\"><span style=\"font-weight: 400;\">exemptions<\/span><\/a><span style=\"font-weight: 400;\"> to the FBT depending on the type of vehicle you own, so it is important to determine the best one for the requirements of your business activities.<\/span><\/p><p><span style=\"font-weight: 400;\">An example of these exemptions is if a staff member uses a taxi, panel van, ute or other commercial vehicle for personal use that is limited to:<\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Travel between home and work;<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Incidental travel in the course of travelling for work purposes; and<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Short, infrequent and irregular travel unrelated to work.<br \/><br \/><\/span><\/li><\/ul><p><span style=\"font-weight: 400;\">Employers are not required to keep records of these instances, however you must be able to prove that the vehicle meets the eligibility criteria by making sure that the employee only uses the vehicle for the purposes mentioned above.<\/span><\/p><p><span style=\"font-weight: 400;\">This can be done by regularly checking the odometer readings against the expected distance travelled by the employee for personal use. You could also keep a logbook as written evidence.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c88b093 ob-has-background-overlay elementor-widget elementor-widget-image\" data-id=\"c88b093\" data-element_type=\"widget\" data-settings=\"{&quot;_ob_photomorph_use&quot;:&quot;no&quot;,&quot;_ob_widget_stalker_use&quot;:&quot;no&quot;,&quot;_ob_poopart_use&quot;:&quot;yes&quot;,&quot;_ob_shadough_use&quot;:&quot;no&quot;,&quot;_ob_allow_hoveranimator&quot;:&quot;no&quot;}\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"2560\" height=\"1703\" src=\"https:\/\/aerogroup.com.au\/wp-content\/uploads\/2021\/06\/robinson-greig-HrnAxAUwle8-unsplash-scaled.jpg\" class=\"attachment-full size-full wp-image-2008\" alt=\"\" srcset=\"https:\/\/aerogroup.com.au\/wp-content\/uploads\/2021\/06\/robinson-greig-HrnAxAUwle8-unsplash-scaled.jpg 2560w, https:\/\/aerogroup.com.au\/wp-content\/uploads\/2021\/06\/robinson-greig-HrnAxAUwle8-unsplash-300x200.jpg 300w, https:\/\/aerogroup.com.au\/wp-content\/uploads\/2021\/06\/robinson-greig-HrnAxAUwle8-unsplash-1024x681.jpg 1024w, https:\/\/aerogroup.com.au\/wp-content\/uploads\/2021\/06\/robinson-greig-HrnAxAUwle8-unsplash-768x511.jpg 768w, https:\/\/aerogroup.com.au\/wp-content\/uploads\/2021\/06\/robinson-greig-HrnAxAUwle8-unsplash-1536x1022.jpg 1536w, https:\/\/aerogroup.com.au\/wp-content\/uploads\/2021\/06\/robinson-greig-HrnAxAUwle8-unsplash-2048x1363.jpg 2048w, https:\/\/aerogroup.com.au\/wp-content\/uploads\/2021\/06\/robinson-greig-HrnAxAUwle8-unsplash-16x12.jpg 16w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/>\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\">Photo by <a href=\"https:\/\/unsplash.com\/@robinson?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText\">Robinson Greig<\/a> on <a href=\"https:\/\/unsplash.com\/s\/photos\/company-vehicle?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText\">Unsplash<\/a>\n  <\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-df66d73 ob-harakiri-inherit ob-has-background-overlay elementor-widget elementor-widget-heading\" data-id=\"df66d73\" data-element_type=\"widget\" data-settings=\"{&quot;_ob_use_harakiri&quot;:&quot;yes&quot;,&quot;_ob_harakiri_writing_mode&quot;:&quot;inherit&quot;,&quot;_ob_harakiri_text_clip&quot;:&quot;none&quot;,&quot;_ob_widget_stalker_use&quot;:&quot;no&quot;,&quot;_ob_poopart_use&quot;:&quot;yes&quot;,&quot;_ob_shadough_use&quot;:&quot;no&quot;,&quot;_ob_allow_hoveranimator&quot;:&quot;no&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Considerations<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1ffdd1b ob-harakiri-inherit ob-has-background-overlay elementor-widget elementor-widget-text-editor\" data-id=\"1ffdd1b\" data-element_type=\"widget\" data-settings=\"{&quot;_ob_use_harakiri&quot;:&quot;yes&quot;,&quot;_ob_harakiri_writing_mode&quot;:&quot;inherit&quot;,&quot;_ob_postman_use&quot;:&quot;no&quot;,&quot;_ob_widget_stalker_use&quot;:&quot;no&quot;,&quot;_ob_poopart_use&quot;:&quot;yes&quot;,&quot;_ob_shadough_use&quot;:&quot;no&quot;,&quot;_ob_allow_hoveranimator&quot;:&quot;no&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Factors for you to consider when purchasing your vehicle include:<\/span><\/p><p><b>Fringe benefits tax (FBT)<\/b><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">If a vehicle owned under a company name is used significantly for personal use, you will need to bear a higher FBT.<br \/><br \/><\/span><\/li><\/ul><p><b>Luxury car tax (LCT)<\/b><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">A luxury car tax is imposed when a car has a GST-inclusive value above the LCT threshold. The LCT threshold for 2020-21 is $77,565 for fuel-efficient cars and $68,740 for other vehicles, and the threshold for 2021-22 is $79,659 for fuel-efficient cars and $69,152 for other vehicles.<br \/><br \/><\/span><\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The LCT is imposed at a rate of 33% on the amount above the luxury car threshold and is usually paid by businesses or individuals that sell or import luxury cars.<br \/><br \/><\/span><\/li><\/ul><p><b>GST credits<\/b><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">If you use your vehicle to provide ride-sourcing services, you may be eligible to claim GST credits for your vehicle\u2019s expenses such as fuel, tolls, parking fees, insurance and depreciation.<br \/><br \/><\/span><\/li><\/ul><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">GST credits are claimed when you lodge your BAS. You will need to apportion the expenses used for business purposes as well as the GST on those expenses. You can only make a claim on the business portion of your expenses.<br \/><br \/><\/span><\/li><\/ul><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">If you have claimed a GST credit on an expense, you can only claim a tax deduction on the expense minus the GST in your income tax return.<br \/><br \/><\/span><\/li><\/ul><p><b>Company vs individual tax rate<\/b><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Depending on the stage of your business and the amount of deductible expenses you have put through the company, your income tax rate may end up being higher than your company tax rate.<br \/><br \/><\/span><\/li><\/ul><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">If this is the case, you can identify expenses that are deductible under your personal name and out of the company, such as your car, and move it to a novated lease.\u00a0<br \/><br \/><\/span><\/li><\/ul><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A novated lease is a car lease that your company pays for using your pre-tax salary. This will allow you to reduce your income tax through salary sacrificing.<br \/><br \/><\/span><\/li><\/ul><p><b>Temporary full expensing<\/b><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Businesses with an aggregated turnover of less than $5 billion are immediately able to deduct the business portion of the cost of eligible new depreciating assets, such as vehicles.<br \/><br \/><\/span><\/li><\/ul><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Current tax incentives may allow businesses that are unable to meet the $5 billion turnover test to be eligible for temporary full expensing if:<br \/><br \/><\/span><ul><li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">their total ordinary income and statutory income is less than $5 billion for the FY20 income year (if the year ends on or before 6 October 2020); and\u00a0<br \/><br \/><\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">their total cost of certain depreciating assets held and first used or installed ready for use in FY17, FY18, and FY20 exceeds $100 million.\u00a0<br \/><br \/><\/span><\/li><\/ul><\/li><\/ul><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">To be eligible for temporary full expensing, the eligible new depreciating assets must be:<br \/><br \/><\/span><ul><li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">new or secondhand (if your aggregated turnover is below $50 million);\u00a0<br \/><br \/><\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">first held; and\u00a0<br \/><br \/><\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">first used or installed ready for use for a taxable purpose between 6 October 2020 and 30 June 2022. <\/span><\/li><\/ul><\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bcde89d ob-harakiri-inherit ob-has-background-overlay elementor-widget elementor-widget-heading\" data-id=\"bcde89d\" data-element_type=\"widget\" data-settings=\"{&quot;_ob_use_harakiri&quot;:&quot;yes&quot;,&quot;_ob_harakiri_writing_mode&quot;:&quot;inherit&quot;,&quot;_ob_harakiri_text_clip&quot;:&quot;none&quot;,&quot;_ob_widget_stalker_use&quot;:&quot;no&quot;,&quot;_ob_poopart_use&quot;:&quot;yes&quot;,&quot;_ob_shadough_use&quot;:&quot;no&quot;,&quot;_ob_allow_hoveranimator&quot;:&quot;no&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Not sure about your options?<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7a4bee5 ob-harakiri-inherit ob-has-background-overlay elementor-widget elementor-widget-text-editor\" data-id=\"7a4bee5\" data-element_type=\"widget\" data-settings=\"{&quot;_ob_use_harakiri&quot;:&quot;yes&quot;,&quot;_ob_harakiri_writing_mode&quot;:&quot;inherit&quot;,&quot;_ob_postman_use&quot;:&quot;no&quot;,&quot;_ob_widget_stalker_use&quot;:&quot;no&quot;,&quot;_ob_poopart_use&quot;:&quot;yes&quot;,&quot;_ob_shadough_use&quot;:&quot;no&quot;,&quot;_ob_allow_hoveranimator&quot;:&quot;no&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Aero Group specialises in accounting, tax and business services. We understand the challenges that businesses have when handling taxes and the importance of making sure your costs are as low as they can be.<\/span><\/p><p><span style=\"font-weight: 400;\">To help you achieve your business and personal goals, we have a dedicated team of experts ready to guide you through your tax journey.<\/span><\/p><p><span style=\"font-weight: 400;\">If you need any help with your business\u2019 tax planning, please do not hesitate to <\/span><a href=\"https:\/\/aerogroup.com.au\/zh\/contact-2\/\"><span style=\"font-weight: 400;\">contact us on our website<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-24d8b36 elementor-widget-divider--view-line ob-has-background-overlay elementor-widget elementor-widget-divider\" data-id=\"24d8b36\" data-element_type=\"widget\" data-settings=\"{&quot;_ob_widget_stalker_use&quot;:&quot;no&quot;,&quot;_ob_poopart_use&quot;:&quot;yes&quot;,&quot;_ob_shadough_use&quot;:&quot;no&quot;,&quot;_ob_allow_hoveranimator&quot;:&quot;no&quot;}\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6fe29b2 elementor-share-buttons--view-icon elementor-share-buttons--skin-minimal elementor-share-buttons--color-custom elementor-share-buttons--shape-square elementor-grid-0 ob-has-background-overlay elementor-widget elementor-widget-share-buttons\" data-id=\"6fe29b2\" data-element_type=\"widget\" data-settings=\"{&quot;_ob_widget_stalker_use&quot;:&quot;no&quot;,&quot;_ob_poopart_use&quot;:&quot;yes&quot;,&quot;_ob_shadough_use&quot;:&quot;no&quot;,&quot;_ob_allow_hoveranimator&quot;:&quot;no&quot;}\" data-widget_type=\"share-buttons.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-grid\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\">\n\t\t\t\t\t\t<div class=\"elementor-share-btn elementor-share-btn_facebook\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<i class=\"fab fa-facebook\" aria-hidden=\"true\"><\/i>\t\t\t\t\t\t\t\t<span\n\t\t\t\t\t\t\t\t\tclass=\"elementor-screen-only\">Share on facebook<\/span>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\">\n\t\t\t\t\t\t<div class=\"elementor-share-btn elementor-share-btn_twitter\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span 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data-id=\"cb5c94a\" data-element_type=\"widget\" data-settings=\"{&quot;_ob_widget_stalker_use&quot;:&quot;no&quot;,&quot;_ob_poopart_use&quot;:&quot;yes&quot;,&quot;_ob_shadough_use&quot;:&quot;no&quot;,&quot;_ob_allow_hoveranimator&quot;:&quot;no&quot;}\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-62092a6 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"62092a6\" data-element_type=\"section\" data-settings=\"{&quot;_ob_glider_is_slider&quot;:&quot;no&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-e00255b\" data-id=\"e00255b\" data-element_type=\"column\" data-settings=\"{&quot;_ob_column_hoveranimator&quot;:&quot;no&quot;,&quot;_ob_column_has_pseudo&quot;:&quot;no&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-34661f6 elementor-grid-eael-col-4 elementor-grid-tablet-eael-col-2 elementor-grid-mobile-eael-col-1 ob-has-background-overlay elementor-widget elementor-widget-eael-post-grid\" data-id=\"34661f6\" data-element_type=\"widget\" data-settings=\"{&quot;eael_post_grid_columns&quot;:&quot;eael-col-4&quot;,&quot;eael_post_grid_columns_tablet&quot;:&quot;eael-col-2&quot;,&quot;eael_post_grid_columns_mobile&quot;:&quot;eael-col-1&quot;,&quot;_ob_widget_stalker_use&quot;:&quot;no&quot;,&quot;_ob_poopart_use&quot;:&quot;yes&quot;,&quot;_ob_shadough_use&quot;:&quot;no&quot;,&quot;_ob_allow_hoveranimator&quot;:&quot;no&quot;}\" data-widget_type=\"eael-post-grid.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div id=\"eael-post-grid-34661f6\" class=\"eael-post-grid-container\">\n            <div class=\"eael-post-grid eael-post-appender eael-post-appender-34661f6 eael-post-grid-style-default\" data-layout-mode=\"masonry\"><article class=\"eael-grid-post eael-post-grid-column\" data-id=\"8430\">\n        <div class=\"eael-grid-post-holder\">\n            <div class=\"eael-grid-post-holder-inner\"><div class=\"eael-entry-media\"><div class=\"eael-entry-overlay fade-in\"><i class=\"fas fa-long-arrow-alt-right\" aria-hidden=\"true\"><\/i><a href=\"https:\/\/aerogroup.com.au\/zh\/junior-pay-rates-scrapped-what-it-means-for-australian-business\/\"><\/a><\/div><div class=\"eael-entry-thumbnail\">\n                <img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/aerogroup.com.au\/wp-content\/uploads\/2026\/04\/2-300x300.png\" class=\"attachment-medium size-medium wp-image-8431\" alt=\"\" srcset=\"https:\/\/aerogroup.com.au\/wp-content\/uploads\/2026\/04\/2-300x300.png 300w, https:\/\/aerogroup.com.au\/wp-content\/uploads\/2026\/04\/2-1024x1024.png 1024w, https:\/\/aerogroup.com.au\/wp-content\/uploads\/2026\/04\/2-150x150.png 150w, https:\/\/aerogroup.com.au\/wp-content\/uploads\/2026\/04\/2-768x768.png 768w, https:\/\/aerogroup.com.au\/wp-content\/uploads\/2026\/04\/2-1536x1536.png 1536w, https:\/\/aerogroup.com.au\/wp-content\/uploads\/2026\/04\/2-2048x2048.png 2048w, https:\/\/aerogroup.com.au\/wp-content\/uploads\/2026\/04\/2-12x12.png 12w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>\n            <\/div>\n        <\/div><div class=\"eael-entry-wrapper\"><header class=\"eael-entry-header\"><h2 class=\"eael-entry-title\"><a\n                        class=\"eael-grid-post-link\"\n                        href=\"https:\/\/aerogroup.com.au\/zh\/junior-pay-rates-scrapped-what-it-means-for-australian-business\/\"\n                        title=\"Junior Pay Rates Scrapped: What It Means for Australian Business\">Junior Pay Rates Scrapped: What It Means for Australian Business<\/a><\/h2><\/header><div class=\"eael-entry-content\">\n                        <div class=\"eael-grid-post-excerpt\"><p>Maximise rental property deductions while staying ATO-compliant with fair and...<\/p><a\n                            href=\"https:\/\/aerogroup.com.au\/zh\/junior-pay-rates-scrapped-what-it-means-for-australian-business\/\"\n                            class=\"eael-post-elements-readmore-btn\">Read More<\/a><\/div>\n                    <\/div><div class=\"eael-entry-footer\"><div class=\"eael-author-avatar\"><a href=\"https:\/\/aerogroup.com.au\/zh\/author\/aerogroup\/\"><img alt='' src='https:\/\/secure.gravatar.com\/avatar\/ea16f5c1fe25baec2dda367368f65911b5196f843357adb17263efa3d918a042?s=96&#038;d=mm&#038;r=g' srcset='https:\/\/secure.gravatar.com\/avatar\/ea16f5c1fe25baec2dda367368f65911b5196f843357adb17263efa3d918a042?s=192&#038;d=mm&#038;r=g 2x' class='avatar avatar-96 photo' height='96' width='96' \/><\/a><\/div><div class=\"eael-entry-meta\"><span class=\"eael-posted-by\"><a href=\"https:\/\/aerogroup.com.au\/zh\/author\/aerogroup\/\" title=\"\u6587\u7ae0\u4f5c\u8005 aerogroup\" rel=\"author\">aerogroup<\/a><\/span><span class=\"eael-posted-on\"><time datetime=\"4\u6708 3, 2026\">4\u6708 3, 2026<\/time><\/span><\/div><\/div><\/div><\/div>\n        <\/div>\n    <\/article><article class=\"eael-grid-post eael-post-grid-column\" data-id=\"8422\">\n        <div class=\"eael-grid-post-holder\">\n            <div class=\"eael-grid-post-holder-inner\"><div class=\"eael-entry-media\"><div class=\"eael-entry-overlay fade-in\"><i class=\"fas fa-long-arrow-alt-right\" aria-hidden=\"true\"><\/i><a href=\"https:\/\/aerogroup.com.au\/zh\/a-smarter-way-to-turn-one-financial-year-into-two-tax-wins\/\"><\/a><\/div><div class=\"eael-entry-thumbnail\">\n                <img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/aerogroup.com.au\/wp-content\/uploads\/2026\/03\/2-1-300x300.png\" class=\"attachment-medium size-medium wp-image-8428\" alt=\"\" srcset=\"https:\/\/aerogroup.com.au\/wp-content\/uploads\/2026\/03\/2-1-300x300.png 300w, https:\/\/aerogroup.com.au\/wp-content\/uploads\/2026\/03\/2-1-1024x1024.png 1024w, https:\/\/aerogroup.com.au\/wp-content\/uploads\/2026\/03\/2-1-150x150.png 150w, https:\/\/aerogroup.com.au\/wp-content\/uploads\/2026\/03\/2-1-768x768.png 768w, https:\/\/aerogroup.com.au\/wp-content\/uploads\/2026\/03\/2-1-1536x1536.png 1536w, https:\/\/aerogroup.com.au\/wp-content\/uploads\/2026\/03\/2-1-2048x2048.png 2048w, https:\/\/aerogroup.com.au\/wp-content\/uploads\/2026\/03\/2-1-12x12.png 12w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>\n            <\/div>\n        <\/div><div class=\"eael-entry-wrapper\"><header class=\"eael-entry-header\"><h2 class=\"eael-entry-title\"><a\n                        class=\"eael-grid-post-link\"\n                        href=\"https:\/\/aerogroup.com.au\/zh\/a-smarter-way-to-turn-one-financial-year-into-two-tax-wins\/\"\n                        title=\"A Smarter Way to Turn One Financial Year into Two Tax Wins\">A Smarter Way to Turn One Financial Year into Two Tax Wins<\/a><\/h2><\/header><div class=\"eael-entry-content\">\n                        <div class=\"eael-grid-post-excerpt\"><p>Maximise rental property deductions while staying ATO-compliant with fair and...<\/p><a\n                            href=\"https:\/\/aerogroup.com.au\/zh\/a-smarter-way-to-turn-one-financial-year-into-two-tax-wins\/\"\n                            class=\"eael-post-elements-readmore-btn\">Read More<\/a><\/div>\n                    <\/div><div class=\"eael-entry-footer\"><div class=\"eael-author-avatar\"><a href=\"https:\/\/aerogroup.com.au\/zh\/author\/aerogroup\/\"><img alt='' src='https:\/\/secure.gravatar.com\/avatar\/ea16f5c1fe25baec2dda367368f65911b5196f843357adb17263efa3d918a042?s=96&#038;d=mm&#038;r=g' srcset='https:\/\/secure.gravatar.com\/avatar\/ea16f5c1fe25baec2dda367368f65911b5196f843357adb17263efa3d918a042?s=192&#038;d=mm&#038;r=g 2x' class='avatar avatar-96 photo' height='96' width='96' \/><\/a><\/div><div class=\"eael-entry-meta\"><span class=\"eael-posted-by\"><a href=\"https:\/\/aerogroup.com.au\/zh\/author\/aerogroup\/\" title=\"\u6587\u7ae0\u4f5c\u8005 aerogroup\" rel=\"author\">aerogroup<\/a><\/span><span class=\"eael-posted-on\"><time datetime=\"3\u6708 19, 2026\">3\u6708 19, 2026<\/time><\/span><\/div><\/div><\/div><\/div>\n        <\/div>\n    <\/article><article class=\"eael-grid-post eael-post-grid-column\" data-id=\"8415\">\n        <div class=\"eael-grid-post-holder\">\n            <div class=\"eael-grid-post-holder-inner\"><div class=\"eael-entry-media\"><div class=\"eael-entry-overlay fade-in\"><i class=\"fas fa-long-arrow-alt-right\" aria-hidden=\"true\"><\/i><a href=\"https:\/\/aerogroup.com.au\/zh\/ato-compliance-risks-every-business-owner-should-know\/\"><\/a><\/div><div class=\"eael-entry-thumbnail\">\n                <img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/aerogroup.com.au\/wp-content\/uploads\/2026\/03\/2-300x300.png\" class=\"attachment-medium size-medium wp-image-8416\" alt=\"\" srcset=\"https:\/\/aerogroup.com.au\/wp-content\/uploads\/2026\/03\/2-300x300.png 300w, https:\/\/aerogroup.com.au\/wp-content\/uploads\/2026\/03\/2-1024x1024.png 1024w, https:\/\/aerogroup.com.au\/wp-content\/uploads\/2026\/03\/2-150x150.png 150w, https:\/\/aerogroup.com.au\/wp-content\/uploads\/2026\/03\/2-768x768.png 768w, https:\/\/aerogroup.com.au\/wp-content\/uploads\/2026\/03\/2-1536x1536.png 1536w, https:\/\/aerogroup.com.au\/wp-content\/uploads\/2026\/03\/2-2048x2048.png 2048w, https:\/\/aerogroup.com.au\/wp-content\/uploads\/2026\/03\/2-12x12.png 12w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>\n            <\/div>\n        <\/div><div class=\"eael-entry-wrapper\"><header class=\"eael-entry-header\"><h2 class=\"eael-entry-title\"><a\n                        class=\"eael-grid-post-link\"\n                        href=\"https:\/\/aerogroup.com.au\/zh\/ato-compliance-risks-every-business-owner-should-know\/\"\n                        title=\"ATO Compliance Risks Every Business Owner Should Know\">ATO Compliance Risks Every Business Owner Should Know<\/a><\/h2><\/header><div class=\"eael-entry-content\">\n                        <div class=\"eael-grid-post-excerpt\"><p>Maximise rental property deductions while staying ATO-compliant with fair and...<\/p><a\n                            href=\"https:\/\/aerogroup.com.au\/zh\/ato-compliance-risks-every-business-owner-should-know\/\"\n                            class=\"eael-post-elements-readmore-btn\">Read More<\/a><\/div>\n                    <\/div><div class=\"eael-entry-footer\"><div class=\"eael-author-avatar\"><a href=\"https:\/\/aerogroup.com.au\/zh\/author\/aerogroup\/\"><img alt='' src='https:\/\/secure.gravatar.com\/avatar\/ea16f5c1fe25baec2dda367368f65911b5196f843357adb17263efa3d918a042?s=96&#038;d=mm&#038;r=g' srcset='https:\/\/secure.gravatar.com\/avatar\/ea16f5c1fe25baec2dda367368f65911b5196f843357adb17263efa3d918a042?s=192&#038;d=mm&#038;r=g 2x' class='avatar avatar-96 photo' height='96' width='96' \/><\/a><\/div><div class=\"eael-entry-meta\"><span class=\"eael-posted-by\"><a href=\"https:\/\/aerogroup.com.au\/zh\/author\/aerogroup\/\" title=\"\u6587\u7ae0\u4f5c\u8005 aerogroup\" rel=\"author\">aerogroup<\/a><\/span><span class=\"eael-posted-on\"><time datetime=\"3\u6708 12, 2026\">3\u6708 12, 2026<\/time><\/span><\/div><\/div><\/div><\/div>\n        <\/div>\n    <\/article><article class=\"eael-grid-post eael-post-grid-column\" data-id=\"8314\">\n        <div class=\"eael-grid-post-holder\">\n            <div class=\"eael-grid-post-holder-inner\"><div class=\"eael-entry-media\"><div class=\"eael-entry-overlay fade-in\"><i class=\"fas fa-long-arrow-alt-right\" aria-hidden=\"true\"><\/i><a href=\"https:\/\/aerogroup.com.au\/zh\/how-to-stay-compliant-with-rental-property-deduction-rules\/\"><\/a><\/div><div class=\"eael-entry-thumbnail\">\n                <img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/aerogroup.com.au\/wp-content\/uploads\/2026\/01\/2-300x300.png\" class=\"attachment-medium size-medium wp-image-8315\" alt=\"\" srcset=\"https:\/\/aerogroup.com.au\/wp-content\/uploads\/2026\/01\/2-300x300.png 300w, https:\/\/aerogroup.com.au\/wp-content\/uploads\/2026\/01\/2-1024x1024.png 1024w, https:\/\/aerogroup.com.au\/wp-content\/uploads\/2026\/01\/2-150x150.png 150w, https:\/\/aerogroup.com.au\/wp-content\/uploads\/2026\/01\/2-768x768.png 768w, https:\/\/aerogroup.com.au\/wp-content\/uploads\/2026\/01\/2-1536x1536.png 1536w, https:\/\/aerogroup.com.au\/wp-content\/uploads\/2026\/01\/2-2048x2048.png 2048w, https:\/\/aerogroup.com.au\/wp-content\/uploads\/2026\/01\/2-12x12.png 12w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>\n            <\/div>\n        <\/div><div class=\"eael-entry-wrapper\"><header class=\"eael-entry-header\"><h2 class=\"eael-entry-title\"><a\n                        class=\"eael-grid-post-link\"\n                        href=\"https:\/\/aerogroup.com.au\/zh\/how-to-stay-compliant-with-rental-property-deduction-rules\/\"\n                        title=\"How to Stay Compliant With Rental Property Deduction Rules\">How to Stay Compliant With Rental Property Deduction Rules<\/a><\/h2><\/header><div class=\"eael-entry-content\">\n                        <div class=\"eael-grid-post-excerpt\"><p>Maximise rental property deductions while staying ATO-compliant with fair and...<\/p><a\n                            href=\"https:\/\/aerogroup.com.au\/zh\/how-to-stay-compliant-with-rental-property-deduction-rules\/\"\n                            class=\"eael-post-elements-readmore-btn\">Read More<\/a><\/div>\n                    <\/div><div class=\"eael-entry-footer\"><div class=\"eael-author-avatar\"><a href=\"https:\/\/aerogroup.com.au\/zh\/author\/aerogroup\/\"><img alt='' src='https:\/\/secure.gravatar.com\/avatar\/ea16f5c1fe25baec2dda367368f65911b5196f843357adb17263efa3d918a042?s=96&#038;d=mm&#038;r=g' srcset='https:\/\/secure.gravatar.com\/avatar\/ea16f5c1fe25baec2dda367368f65911b5196f843357adb17263efa3d918a042?s=192&#038;d=mm&#038;r=g 2x' class='avatar avatar-96 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There are several factors that we need to take into consideration in order to answer this question including whether the vehicle will be for [&hellip;]<\/p>","protected":false},"author":2,"featured_media":2008,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20,36,29,31,37],"tags":[],"class_list":["post-2006","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blogs","category-free-second-look-assessment","category-in-office-tax-return","category-online-phone-tax-return","category-tax-return-calculator"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.9 (Yoast SEO v22.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Purchasing a vehicle: business or personal? - Aero Accounting Group | Tax Accountants in Canberra, Gold Coast &amp; Sydney<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/aerogroup.com.au\/zh\/purchasing-a-vehicle-business-or-personal\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Purchasing a vehicle: business or personal? - Aero Accounting Group | Tax Accountants in Canberra, Gold Coast &amp; Sydney\" \/>\n<meta name=\"twitter:description\" content=\"When purchasing a new vehicle, we often get asked by clients whether they should buy it under their business or personal name for the purpose of getting the biggest tax deductions. 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