Why Act Now?
Delaying essential repairs can cause more damage over time, potentially leading to higher costs down the line. But beyond that, taking care of vehicle repairs before EOFY may be tax-deductible if you use your vehicle for business purposes. At Erin Panel Works, we specialize in high-quality panel beating and repair services to get your vehicle back in shape—fast.
For Business Owners in NSW
If you operate a business in NSW and use a vehicle in the course of running your operations, here’s what you need to know:
- Panel beating and vehicle repairs can be tax-deductible when the vehicle is used for business purposes.
- Deductions apply under two main record-keeping methods:
✅ The logbook method
✅ The cents per kilometre method - You must keep detailed records of your vehicle use, repair invoices, and the business-use percentage.
Contractors and Self-Employed?
You’re in the same boat. If your work vehicle has taken a few knocks and bruises, repairing it before June 30 could help lower your taxable income—as long as it’s used for your business and you’ve kept the necessary records.
Why Choose Erin Panel Works?
✅ Expert panel beating and repair services
✅ Fast turnaround to meet EOFY deadlines
✅ Experienced with business and fleet vehicles
✅ Local, trusted team with a strong reputation
Don’t Miss the Deadline!
With June 30 just around the corner, now is the time to book your repair work and make the most of any eligible tax deductions. Contact Erin Panel Works today and let us help you close out the financial year on a strong (and dent-free) note.
📞 Call now or visit our website to book your repair.
It’s always a good idea to speak with your accountant to ensure any tax-related decisions are right for your business.