Advivo reveals 4 Logbook and Mileage Tracking Apps That Can Help You Save on Tax
By keeping track of your business kilometres, you can claim significant reimbursements on your taxes. However, keeping physical records of your business mileage can be time-consuming and tedious. Luckily, there are several logbook apps that can make tracking your kilometres more convenient.
1. Vehicle Logger
Vehicle Logger is a free, straightforward electronic logbook available on Android. Using your phone’s GPS, the app tracks your kilometres while you drive. This app also allows you to track other expenses, such as parking and registration, and saves them automatically to the cloud. Vehicle Logger is available on Android.
2. Australian Taxation Office
Acting as a central hub for all your taxation needs, the Australian Taxation Office app can also help you keep track of your business mileage. While functionally similar to Vehicle Logger, this app allows you to send your mileage records straight to the ATO without leaving the app. The app also provides business resources, alerts for important tax dates, and tax calculators. The ATO app is free and available on both Android and Apple.
While Driversnote’s free software is much the same as Vehicle Logger or the ATO app, its subscription-based services are really what makes it shine. The app automatically generates detailed mileage documents and can segment trips so you can log multiple vehicles or different employers. Furthermore, it automatically calculates your reimbursement based on your mileage, allowing you to better understand your financial situation. Driversnote is available on both Android and Apple, with subscription prices ranging from about $15 a month to about $30.
If you need to track the mileage of multiple vehicles, then Fleetcare is your best option. Fleetcare offers you access to all your vehicles’ data, allowing you to better manage and optimise your various cars. The app gives you the ability to see where your vehicles are at any time, giving you security as well as convenience. Fleetcare is available on both Apple and Android.