Start your 2022 Logbook
If you need to maintain a Logbook for the 2022 tax year for a newly purchased car, or your logbook for your existing vehicle is more than 5 years old, you need to start your logbook by 1 April 2022 in order to meet the 12 week requirement before 30 June 2022.
In addition to recording all of the running costs associated with your vehicle, the following outlines what is required as part of your logbook. As a tip, you may wish to purchase a pre-prepared logbook from your local newsagent or stationery store.
LOG BOOK REQUIREMENTS For a logbook to be compliant it must be kept for a continuous period of at least 12 weeks and must contain all of the information outlined below.
Apart from the period of 12 weeks being required, the logbook must be in English and must contain the following information for the period of the logbook:
For a particular journey
the date the journey began and ended
the car's odometer readings at the start and end of the journey
how many kilometres the car travelled on the journey
why the journey was made.
the date the log book period begins and ends
the car's odometer reading at the start and end of the log book period
the total number of kilometres that the car travelled during the log book period
the number of business kilometres travelled during the log book period (as opposed to kilometres travelled on private matters)
the business percentage - this is calculated by dividing the total business kilometres travelled by the total kilometres travelled during the log book period
To be able to claim your motor vehicle expenses using the logbook method you must have kept a compliant logbook in the current financial year, or in in the last 5 financial years.
Where can I get a logbook?
You can obtain a paper based logbook from most newsagencies or office supply stores.
If you would like to get a more automated log book method which tracks your kilometres automatically, we recommend www.gofar.co. There are also many other free or low cost Apps available for smart phones from Google Pay or the Apple App Store.