Tax Deductibility

If your luxury vehicle serves both personal and business purposes, you may qualify for tax deductions on its maintenance and management costs. According to Australian tax laws, expenses related to the care and preservation of a company car can be claimed as a tax deduction if it is used primarily for business purposes. Our services at Guardian Asset Management Sunshine Coast are designed to ensure your vehicle remains in optimal condition, which can help maintain its value and potentially increase its marketability. 

For detailed guidance on eligibility, we recommend consulting with a tax professional or reviewing the latest Australian Tax Office (ATO) guidelines. Our team is happy to provide information and support you through this process during your initial consultation.

Note: We do not offer specific legal advice, but we are here to assist in understanding how our services can contribute to maintaining the business value of your company car.