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Pikey14's avatar
Pikey14
4 months ago

Cents per Kilometre - Electric Vehicle Rate

I have a client that has used his Electric Vehicle for work related travel. However, I cannot see how to change the rate from 85c to 4.2c per kilometre.   How do you do this?
AU Tax
Doreen_P's avatar
Doreen_P
MYOB Moderator
3 months ago

Hi there Pikey14,

 

I get that your client needs to set up and calculate the travel allowance in cents per kilometre. However, there is no direct calculation regarding this. What I can suggest is to manually calculate how many cents there will be in an hour since the available option in AccountRight is on hours only. You can also check out this link for more information.

 

Best regards,

Doreen

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