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jfmiti(Newbie)Newbie
2 Aug 2023

If someone purchase an used car in 2022 (car model year is 2012), can he claim depreciation for this car?

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238 views
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Bruce4Tax(Taxicorn)Taxicorn
2 Aug 2023

Only if using the log book method, and only to % derived from log book.


Assuming car claim is justified by the facts.


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Most helpful reply

Bruce4Tax(Taxicorn)Taxicorn
2 Aug 2023

Only if using the log book method, and only to % derived from log book.


Assuming car claim is justified by the facts.


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car depreciation for a used car | ATO Community