Reminder on cents per km car expenses rate
Aspen Corporate • 9 October 2018

Reminder on cents per km car expenses rate

The cents per kilometre car expense rate increased from 66 cents to 68 cents per kilometre from 1 July 2018. Employers who use the cents per kilometre rate to pay car allowances for employees should ensure that car allowance rates are up to date. If more than 68 cents per kilometre is paid, employers need to withhold tax on the excess amount under the PAYG withholding system.

 

by Aspen Corporate 19 May 2026
Ask your Aspen advisor:
by Aspen Corporate 19 May 2026
Ask your Aspen advisor:
by Aspen Corporate 19 May 2026
Ask your Aspen advisor:
by Aspen Corporate 19 May 2026
Ask your Aspen advisor:
Federal Budget 2026-27: Key tax and business changes explained
13 May 2026
The 2026-27 Federal Budget has landed, and if the announced measures make it through, this one could reshape the tax landscape for a wide range of Australians.
by Aspen Corporate 7 April 2026
Ask your Aspen advisor:
More posts