Access HandiTax has a motor vehicle claim deduction calculator to save you time in determining the best possible deduction for your client in regards to claimable motor vehicle expenses.
Using the Motor Vehicle Claim Deduction Calculator:
From the Work Related Deductions or Other Vehicles and Travel worksheets, click MV Claim.
Complete the details of the motor vehicle as shown below
3. Once the vehicle details have been entered, Access HandiTax calculates the deductions for both methods.
4. Select the best possible deduction for the taxpayer, by ticking the relevant checkbox as displayed.
Tip: Access HandiTax will highlight what appears to be the best possible option, however you have the ability to select any option.
5. Click Add to insert the selected method's details into the relevant worksheet.