any accounts here? need some info asap.

[Cap'n]

Hanging on to the receipts is standard, just as Kuch stated. There is, however, a lot of variance depending on how you purchased the vehicle. You get the most back if you lease, but that makes sense, because you're paying more to begin with. If you bought you can also claim a portion of the purchase cost through depreciation (ie: the amount you can claim drops every year becuase the vehicle is worth less every year).

I would recommend getting a small business booklet from the tax office, I'm sure it would be more help than me. I keep trying but my vehicle expenses never add up to enough to claim, not that I'm complaining.