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Business use of private vehicle - allowance or reimbursement?

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Newbie

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I am looking for the definitive rule on how to treat business use of a private motor vehicle, when compensating an employee on the cents per kilometre method. It is a payroll allowance (and taxable income) or an expense reimbursement? Can it be either? I am looking for a ruling or legislation reference please.

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Devotee

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Try TR 92/15

1 REPLY 1
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Most helpful response

Devotee

Replies 0

Try TR 92/15