S 28-20(1) amended by No 162 of 2015, s 3 and Sch 1 item 27, by substituting
"
the other method
"
for
"
any other method
"
, applicable in relation to the 2015-16 income year and later income years.
28-20(2)
However, you can change your choice for the income year.
Example:
You choose the
"
log book
"
method and deduct $1,000. On audit, the Commissioner finds that your claim is too high and should be reduced to $500. You would have been able to deduct $700 if you had chosen the
"
cents per kilometre
"
method. This rule lets you change your choice and deduct the $700.
28-20(3)
You can also choose different methods for the same *car for different income years and different methods for different cars for the same year.
