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This is my first time doing taxes as a courier/driver. What is "interest expenses for vehicle"

 
1 Reply
Dhiv
New Member

This is my first time doing taxes as a courier/driver. What is "interest expenses for vehicle"

Hello,

 

Interest expenses for vehicle include includes interest you paid on money you borrowed to buy a motor vehicle.  

 

You can find more information here:

https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-re...

 

Hope this helps!