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Why is HST being added to my vehicle CCA?
I bought a truck this year for self employment. I submitted the HST paid through an ITC on my HST remittance and received a refund for the period.
Now, I have entered the truck value in the CCA section and while it is calculating it correctly, as 15% for the first year, it is also adding 13% HST to it.
As I understand it, this is double-dipping. I already received back the HST I paid. Now, if I am adding HST again, this is a higher value than I actually paid. What's the deal?
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‎October 29, 2019
5:57 PM