Only expenses of a business nature are eligible as a deduction against related income….
Tag: vehicle
Keep a Trip Log
in order to substantiate the use
New Vehicle Log Rules
The CRA has substantially reduced the requirement to maintain a vehicle log
Reasonable Vehicle Allowances
In an interpretation bulletin, the CRA notes that a per kilometre reasonable allowance received by an employee
2009 Automobile Deduction Limits and Expense Benefit Rates for Business
The ceiling on the capital cost of passenger vehicles for capital cost allowance (CCA) purposes remains at…
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