FY16 ATO rates for Motor Vehicle claims and Meal Allowances

By 8 August, 2016News

The ATO has determined that the rate at which work-related motor vehicle expense deductions may be calculated using the cents per kilometre method will remain unchanged at 66 cents per kilometre.

The reasonable amount for overtime meal allowance expenses for 2016/17, where an allowance is paid under an award, order, determination, industrial agreement or a Commonwealth, State or Territory law, is $29.40 per meal.  This is the amount you can claim without getting written evidence. If you need to claim more than the reasonable allowance expense amount, you need to keep written evidence of all your meal expense.