I am a Sole Proprietor and entering my expenses for gas only. I traveled a total of 5916 Km and my work period was for 11 wks. I have my gas receipts but unsure how to enter them. Can you please advise? or give me an example. HST and GST has me a confused.
I also did not take my km amount on my car before I started work so total km for the year I am unsure. The year 2014 was my first year as Sole Proprietor.
Please answer my two questions.
Thank you
Gas expenses is part of vehicle expenses. If you are in a province where HST is applicable such as Ontario, then you claim HST on your tax return. If you reside in a province with GST / PST such as the prairie provinces or BC then you claim GST on your tax return, providing that you do not do a separate GST/HST return to CRA.
Gas expenses is part of vehicle expenses. If you are in a province where HST is applicable such as Ontario, then you claim HST on your tax return. If you reside in a province with GST / PST such as the prairie provinces or BC then you claim GST on your tax return, providing that you do not do a separate GST/HST return to CRA.