If you're paid more per kilometre than the ATO mileage rate in 2021, or if you’re paid a car allowance rather than being directly reimbursed for your specific expenses, those payments are considered taxable income. It's up to your employer to set the rate and the rules for reimbursement, but the ATO mileage rate is the standard. You can use this rate with the cents per km method for your mileage claim as a sole trader, or if your employer reimburses you at the ATO mileage rate.Īs an employee, your employer can choose to reimburse you for the costs you incur when you use your vehicle for business. Starting from the 2021 financial year, the mileage rate for cars (motorcycles or vehicles with a carrying capacity of one tonne or more, or nine or more passengers, such as a utility truck or panel van) using the cents per km method is $0.72 per km driven for business. The Driversnote logbook app is always up to date on laws and the ATO mileage rates.
Log your business travel and calculate your reimbursements automatically. Learn more about the historic ATO cents per km rates. $0.72 per kilometre driven for business.
This year, the ATO has kept the mileage rate the same as the previous year.Īre you looking for ATO's revised cents per kilometre rate for 2022/2023? See our article on the ATO cents per km rate for 2022/2023.įor work-related mileage incurred from July 1, 2021, the ATO cents per kilometre rate for cars (not including motorcycles or vehicles with a carrying capacity of one tonne or more, or nine or more passengers, such as a utility truck or panel van) is: The ATO mileage rates are important for your mileage reimbursement calculations. Alternatives to the cents per km reimbursement rate 2021
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