Welcome to Nudge Accounting, We have over 80+ years of expertise in accounting and bookkeeping services.
Online Bookkeeping & Accounting Services Nudge Accounting

Suite 139/243 Pyrmont Street, Pyrmont NSW 2009

Mon - Fri 9.00 AM - 6.00 PM (AEST)

Saturday, Sunday Closed

Tax Tips Tuesday – Motor vehicle deductions?

Tax tips, accounting, bookkeeping, small business, nudge accounting, startups, motor vehicle deductions

How to claim motor vehicle deductions.

Do you ever need to use your car for work? A common questions we get asked is can someone claim travel to and from the office from home. Generally the answer is a NO.

Examples of when you can claim motor vehicle deductions include:

  1. Travelling between jobs
  2. Travelling from the office to alternative workplace (eg a client)
  3. Travelling to a client if you were working from home
  4. Attending conferences or meetings
  5. If you need to carry bulky tools or equipment (not a laptop or tablet but say a ladder or lawn mower)

Once you establish that you can claim motor vehicle deductions, there are different methods you can use depending on the number of kilometres you travel and how careful you are with your record-keeping:

  1. Log book method – log book needs to be kept for 12 weeks – source documents need to be kept
  2. 1/3 of actual cost – if there are more than 5,000 work related km’s travelled during the year – need to keep source documents
  3. 12% of original value – if there are more than 5,000 work related km’s travelled during the year
  4. Cents per km method – if there are less than 5,000 work related km’s travelled during the year – based on engine size

Generally the log book is the most inconvenient method for someone to follow, but it usually gives you the most accurate indication of your work hours.

This Tax Tip Tuesday brought to you with love by Nudge Accounting.

We Are E.S.T. 2012

Who WE Are

At Nudge, we do it all for your small business: bookkeeping, accounting and tax. we can also help you with tax advice, company setups, personal tax, monthly performance summaries and specialist advice for small business owners. All work is completed by Aussie Accountants so you’ll never have to worry about compliance again.

Nudge Accounting
100% Online Accounting
Nudge Accounting
FREE Business Health Check
Nudge Accounting
Scalable Pricing Packages
Nudge Accounting
Easy Signup Process
Nudge Accounting
XERO Integration
Nudge Accounting
100% Satisfaction Guaranteed

TESTIMONIALS

OUR COMPANY

OUR COMPANY Quality

With the uprising of technology and the plethora of competition in the majority of industries, business owners tend to seek help and assistance in managing and tailoring their business to suit the era’s needs and expectations. The process of accounting provides reports that bring key financial indicators together. Understanding financial concepts and gearing clients to financial success is what we exceed at here at Nudge Accounting. Our expertise lingers throughout the field of online accounting and engulfs all financial cases. With years of extensive experience and a dedication for our clients success, we endeavour to evolve our existing methodologies, in order to transform into Australia’s leading online financial firm.

OUR COMPANY Commitment

A successful marriage between bookkeeping and accounting will contribute to the long-term financial success of any business. Nudge Accounting takes pride with their online bookkeeping and online accounting services that encompass all aspects and sectors of finance to ensure our clients receive the utmost finest service. Commitment is an attribute we stand for as client satisfaction is always key to evolution. Our reliability is second to none, as we ensure our clients are well organised and pursuit their financial tasks with accuracy and precision. Nudge Accounting propelled their excellence and with their dynamic team of online accounting professionals transcended competition and have cemented themselves as the leading online bookkeepers in Australia.

OUR COMPANY Success

Our software and technological client interface is meticulous and seldom do alternative online accounting companies acquire this quality of infrastructure. This is what portrays our excellence and gears Nudge Accounting towards success. We ensure client satisfaction, by going through all the details and explaining financial situations to our clients. Engaging the client is what makes us stand out! Online accounting software, combined with online accounting techniques is a much more effective procedure than filling out paperwork because half the work is already done for you! Nudge Accounting take pride in providing the utmost finest online accounting service across Australia, with a variety of small to medium businesses and accounting excellence, technology and Nudge go hand in hand, just like the glove fits the hand!

WE HELPING SMALL BUSINESSES

Nudge provide exceptional accounting service and support whilst remaining price competitive. All of our packages provide the same great features for your small business accounting needs, which includes:

  • Performance Management Reporting
  • Annual Tax Return Preparation and Lodgements
  • Annual Financial Statements
  • Financial Monthly Statements
  • QTR BAS Preparation and Lodgements
  • Monthly KPI's to Identify Improvement Areas
80
YEARS OF
EXPERIENCES
$250m
UNDER MANAGEMENT
REVENUE
$150m
TOTAL
ASSETS
100
% SECURE
CLOUD STORAGE

LATEST NEWS

young businessman with computer sitting on the cloud opecity
07.12.2016
Retailer from home | Where to start

Whether you’re making tie dye shirts from your garage or quirky birthday cards that stand out, the

young businessman with computer sitting on the cloud opecity
13.09.2016
Automation and Why Your Business Needs It

If you have ever heard the words efficiency and streamlining, you might be picturing a robot working

Business Computing - Windows or Mac opecity
30.08.2016
Business Computing – Windows or Mac

The classic rivalry, we all know the tension between people who use the mac and people who use

5 Things Every New Office Needs opecity
23.08.2016
5 Things Every New Office Needs

For companies that are finding themselves growing more and more and are struggling with basing thems

Featured in

Featured In Logo
Featured In Logo
Featured In Logo
Featured In Logo
Featured In Logo

GET IN TOUCH