If you're driving a personal vehicles for work..
Did you know that the ATO allows you to claim a percentage of your car expenses as a tax deduction? (i.e. you’ll pay less tax on your income, and more money in your pocket 💰💰)
But you're most likely not claiming. You may not have known you could claim, you may not know how, or it all just seems too hard.
In short, there are two ways to claim...
The lazy way: Cents per km
👎🏼 It’s just an average
👎🏼 Capped at only 5,000km and $4,000 per annum
👎🏼 This cap hasn’t kept up with inflation
👎🏼 You can’t claim depreciation
The smart way: Using a logbook
✅ Uncapped kms & tax deductions
✅ Includes depreciation, lease payments, insurance, maintenance, fuel and more!
✅ More than $50k over a few years
Historically, the logbook has been cumbersome and manual, and most people won't invest 15-20 hours... or do it wrong.
So we created GOFAR. An automated and ATO compliant logbook. The smart way to maximise car expense tax deductions.
Over 20,000 Happy Customers
Also used by larger organisations
How GOFAR maximises your vehicle deductions
Track every trip
Compatible with 98% of Australian vehicles made since Jan 2006.
Never misses a trip. Starts when the car starts. Stops when the car stops.
Perfect records protect you when the ATO audits
The automated logbook
Automations reduce the time needed to do a logbook from 15 hours to 15 minutes. It also has 22 other features to help manage car costs, improve safety, cut CO2
Automatic, record continuously. Just claim your best 12 week period
Supports all methods
Supports all methods – cents per km, logbook, car allowance, FBT