Can I claim depreciation on my vehicle
By Marc Sevitz · Updated
Do you earn commission or use your car for work purposes?
Yes I do. I receive a car allowance and am a sales Manager. So I use my car to go to customers.
You would then, provided you keep a logbook, complete the Travel Allowance section and you can show depreciation of your car over 7 years.
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Great Thanks! I have kept a logbook
Excellent, glad we could assist.