Remove Capitalized Cost Remove Modification Remove Repairing
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‘Anything related to the journey’: Car expenses you didn’t know were tax deductible

Drive.com

While petrol costs might seem like an obvious tax deduction, there are other car expenses you probably didn’t know you could claim on your return. Additionally, vehicle accessories and modifications are an area that should be approached with caution. If not, they won’t be classed as business expenses,” Mr Ord explains.

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Navigating Zero Down Car Leases

Your Car Buying Advocate

Key Terms to Understand for Zero Down Car Leases Two critical terms associated with leasing are: Capitalized Cost: This refers to the negotiated price of the leased vehicle. Reduced Repair Costs: Lease agreements often coincide with manufacturer warranties, mitigating the need for extensive repair expenses.