The Income Tax Assessment Amendment Regulation 2013 (No 1) was registered on the Federal Register of Legislative Instruments on Mon 4.3.2013. It sets out the “cents per kilometre” rates for calculating tax deductions for car expenses in the 2012-13 income year. The rates remain unchanged from the 2011-12 year and are:
Car expense rates per km for 2012-13
| Type of car | Engine capacity – non-rotary engine (cc) | Engine capacity – rotary engine (cc) | Kilometre rate (cents) |
| Small car | 0 – 1,600 | 0 – 800 | 63 |
| Medium car | 1,601 – 2,600 | 801 – 1,300 | 74 |
| Large car | 2,601 + | 1,301 + | 75 |
[LTN 43, 5/3/13]