Information is here on what you can claim. Be aware that you cannot claim CCA on a lease vehicle. Also, since CRA is quite rabid about employment expense, make sure you have a log to prove your mileage and expenses are business related. If the vehicle is for personal use as well, you need a way to calculate the percentage of business and personal.
Information is here on what you can claim. Be aware that you cannot claim CCA on a lease vehicle. Also, since CRA is quite rabid about employment expense, make sure you have a log to prove your mileage and expenses are business related. If the vehicle is for personal use as well, you need a way to calculate the percentage of business and personal.
Thank you very much! I have mileage log. Is it ok to include the receipts for insurance and fuel and then show the amount that they reimbursed. Maybe the difference is what I get back?
Exactly. Best to do a spreadsheet, like Excel, to total it all up, and then keep it with your recipts and log in case they ask for the support.
Exactly. Best to tally everything up on a spreadsheet like Excel, and then keep it with the receipts and the log in case CRA asks to see it.
ok thanks Dephision, good to know about the lease and CCA, geeze. not fair but ok...so yes I took the amount that was on the t2200 total was say 10k I forget, total car expenses and then I took the receipts and put them in and the difference was minor but allowable I guess.