All about MV Expense Deduction for individual tax returns


All about MV Expense Deduction for individual tax returns

intertax | November  22,  2016

Employees may use their own cars for working purpose -e.g sales people drives car to meet clients, Office Administrator may drive car to bank or post office. You can claim these MV expenses in your tax returns as taxable deduction only if : The MV expense is only working related (e.g the most common mistake is people try to claim the KMs or Employees may use their own cars for working purpose.