Individuals, including sole traders, and partnerships (where at least one of the partners is an individual) can use the cents per kilometre method for car-related work or business expenses. The cents per kilometre rate takes into account all your car running expenses (including registration, fuel, servicing and insurance) and depreciation. If you use a motor vehicle for both work/business and priv ate use, you must be able to correctly identify and justify the percentage that you are claiming as work/business use.
Click to read our article: Car expenses: using the cents per kilometre method