May 17, 2014 | By : admin

Does your business own a car? If you operate your business as a sole trader or a partnership that includes at least one individual, you can claim a: • full deduction for a business-purpose vehicle – a truck or van, or a smaller vehicle, such as a ute, wagon or panel van that has been heavily modified for business use, or where private use is restricted to home-to-work travel and very minor other use • vehicle expense deduction for a vehicle you own, lease or hire under a hire purchase agre