How drivers could get bigger tax deductions for car expenses within months

Australians may receive larger tax deductions for car expenses following the Australian Tax Office's annual review in May. The current rate of 88 cents per kilometre has remained unchanged for two years, while petrol prices surged by 45 percent in March. Experts caution that the ATO will consider various factors, including tax revenue implications, before making any adjustment.

Summary by Glance · Brisbane Times