ATO compliant vehicle log book template
Free ATO compliant vehicle log book template in Excel, PDF or Google Spreadsheet.
If you are claiming vehicle expenses for business purposes, you must keep proper records in order for the ATO to approve your claim.
We will walk you through some frequently asked questions about keeping a vehicle log for the logbook method and provide you with a free template to use.
The ATO vehicle log book template contains the formula required to calculate your deductions based on the ATO mileage rate for 2022/2023.
Download the free log book template here as a PDF or Excel
You can download the free Driversnote template as an Excel, Sheet, or printable PDF.
The Excel and Sheets versions include a vehicle log example so you can see how to fill out your logbook, as well as an empty sheet you can use for your own log.
If you use the free Excel or Sheets mileage form, a formula is already pre-programmed to calculate your reimbursement based on the ATO mileage rate for 2022/2023. All calculations must be done manually if you use the printable PDF log book version.
Alternatively, you can try the Driversnote app for logging your trips even quicker. The app helps you ensure you are ATO-compliant for your claims and is recommended by accountants in Australia.
Do you need a vehicle log book template for your team?
If you are a manager or an employer in need of a solution for your entire team, you can try Driversnote Teams. While using the Sheet or Excel car log book template may suffice for your team to report their mileage, an app will save you and your employees a large amount of time since the process becomes significantly more automated. Some of the benefits of using a mileage tracking app for your team are:
- Your team will provide you with accurate and consistent mileage reports.
- In seconds, you can approve or reject mileage reports.
- Invite and remove users, as well as assign roles quickly.
- Your team will save time by having all trips tracked for them automatically.
What is a car log book template?
A logbook, also known as a car log book, is a year-long record of your business travel required by the ATO or your employer for your tax deduction or reimbursement. The car log book template in this article is prepared to collect all the information needed for you to receive reimbursement.
If you are self-employed and want to claim costs for an automobile used for business purposes, you must keep a complete logbook record. It slightly varies depending on the method through which you claim deductions, but as a general rule you'll need to keep track of each business trip, the destination, the reason for the trip, and the distance travelled for both business and personal purposes throughout the year. Keeping a car log book is the safest way to ensure that your mileage deductions are guaranteed.
What to include in the car log book template
According to the logbook method, there are a few of things that you must always remember to include in your log book. The ATO outlines clear rules on what information you need to fill out in your log book template.
Unlike the cents per km method, the logbook method has no limit on how much you can get as reimbursement. When using the logbook method, the following information is required:
- The time span being tracked
- The odometer readings at the start and end of the period
- The total number of kilometres driven
- The percentage of business-related kilometres travelled.
For each trip recorded, the following information is required:
- Start and end times
- Distance travelled in total
- The reason for the trip
Expenses such as fuel, servicing, and other operating costs can be claimed based on the percentage of business driving throughout the year - for example, if your business use percentage is 50%, your operating costs can be deducted at the same 50% rate. Keep all receipts related to those expenses, as these will be used to support your claims to the ATO or your employer!
Important! Remember that if you're claiming car expenses as a tax deduction, you can only use the logbook method if you own the car. To approve any car expense deductions, the ATO will require proof that you own the car.
How to use the car log book template
After you have logged everything in, you can use the data to calculate your reimbursement. Because the formula is already present in the template, it is set to automatically calculate your reimbursement (note: this sheet uses the ATO official rate). For 2022/2023, the cents per km rate is $0.78.
If you're curious about how it works, here's a quick rundown of how to calculate mileage reimbursement after you've entered all of your trips.
Assume you drive your own vehicle for business and receive reimbursement by the cents per km rate.
For example, you keep track of your mileage and you have driven 1300 kilometres for work. You can receive reimbursement of $0.78 per km (the ATO standard rate). To determine how much you will be reimbursed, multiply the number of kilometres by the rate:
1300 (km) x 0.78 $ (rate) = 1014 $ (your reimbursement)
Alternatively you can also use our car expenses reimbursement calculator.
If you use a mileage tracking app that can generate reports, this calculation will likely be automatic for you and you will not have to worry about calculating your reimbursement.
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If you are claiming vehicle expenses for business purposes, you must keep proper records in order for the ATO to approve your claim. We will walk you through...
Find out what the new ATO cents per kilometre rate is for 2022/2023 and how to use it. If you drive a car for business purposes, you can claim more per kilometre