Schedule 19's Moter Vehicle exp-When the system has done the calculation for the amount to be claimed in X, I get a different amount that is carried forward on the actual schedule 3 and that amount agrees again with the bottom amount in schedule 19 where it says Total on the right hand side-bottom. Where does that amount comes from-as it does not agree with the X total on the same schedule (19).
The amount in X will not be the expenses you are allowed to claim. This is only the total expenses. The total should be multiplied with the business km, which is Z divided by total km in Y then you get the amount which may be claimed.
This amount is in the line which says the formula.
Get Tax Deadline Reminders, News and Tips
We'll tell you when you need to file, along with tax tips and updates.