I have a mountain biking school. I purchased a bike for business use, but aIso use it for personal, recreational riding. How do I calculate (CCA) for only business use?
I have a mountain biking school. I purchased a bike for business use, but aIso use it for personal, recreational riding. How do I calculate (CCA) for only business use?
For example, I bought a new bike in Feb. 2022. I use it for coaching and group ride and instruction, but also for recreational riding. The split is about 50/50. Can do I calculate the amount to be claimed for business use? I know this will be CCA, but not sure how to know the percentage of the total cost to claim. Want to make sure I'm doing the right thing.
I have a mountain biking school. I purchased a bike for business use, but aIso use it for personal, recreational riding. How do I calculate (CCA) for only business use?
If you use the bike 50% for business use, then you enter in half the cost of the bike as the addition cost.
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