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pukar1991(Newbie)Newbie
30 Nov 2024

Hello,


The ATO car limit for FY 2024 is $68,108. Does this limit apply to one vehicle. One of my friend has purchased two vehicles in business name. So, is the ATO limit for him $68,108 X 2 = $136,216 or just $68,108.


Can anyone please clarify and also please provide links if available.


Thanks.

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ATO CAR LIMIT FY 2024 | ATO Community