by Commando » May 23rd, 2014, 3:58 pm
I wonder what delivers better coin:
1. A company car (involving FBT, salary sacrifice, etc), or
2. A 15yo car on gas where you can claim the kms either directly through work or at tax time.
It's a srs question. Myself for example, when my work involves travel (in one case I did 2x600kms in a week in my own car), I can claim 70c/km for the first 200km of any single trip and then 41c/km for every km over 200. For the case mentioned I received $608 for travelling 1200kms, which in reality cost maybe $100 in gas.
For jobs I can't claim on due to tightass project managers, I just log the kms & claim these at tax time. (I don't double-dip though, I keep claimed/unclaimed kms distinct).
Ev, if you get a $/km reimbursement through your work for driving your own car, it might be quite lucrative to keep the XR8 (and drive it on LPG - no need to limiter-bash on PULP when driving for your work).
Previous: 1982 XE GL 3.3: 5 speed | 1991 EB Ghia 5.0: Vortech, Tiptronic, 4.11s, 232rwkw | 1995 EF GLi 4.0 wagon: LPG | 2006 BF Fairmont 4.0: JTG LiLPG
Now: 2016 Hilux SR HiRider