The cents per kilometre earnings rate is an estimate of the average income of a taxi based on kilometres travelled.
This method of estimating income is used by the ATO when adequate records are not available. The rates are also a reference guide for income tax or BAS return preparation or to compare performance against the industry norms.
| 2013 – (current) | $1.30/km |
| 2012 | $1.27/km |
| 2011 | $1.24/km |
| 2010 | $1.22/km |
| 2009 | $1.18/km |
| 2008 | $1.14/km |
| 2007 | $1.10/km |
| 2006 | $1.06/km |
| 2005 | $1.01/km |
Taxation Ruling TR 96/11 deals with record keeping requirements for the taxi industry including the recording of taxi takings.
See also:
This page was last modified on 4 July 2016