Did you use a vehicle for business purposes this past tax year? This article explains what motor vehicle expense claims you can make on income tax in Canada and what kind of documentation you'll need to support your expenses claim. Note that the examples in this article describe how to enter Canada Revenue Agency …

Jun 4, 2013 – If you use one or more motor vehicles in your business, you'll be able to claim the related business expenses on your income tax return. Learn more. … The obvious way to do this (and the way the Canada Revenue Agency (CRA) recommends) is to use a logbook. “The best evidence to support the use of a …

If you use your vehicle for work purposes and are self-employed; the CRA lets you to take a deduction on mileage used. Find out how to receive this … You can deduct the full amount of allowable expenses for the car (for the portion of time you used the vehicle for business purposes). So, if you had $5,000 in total car …

Mar 1, 2016 – The more you claim, the more of a stickler the Canada Revenue Agency is likely to be about your records, MacDonald said. … Whether you're a business owner, a partner or an employee, if you use your personal vehicle for work, you can claim tax deductions so long as you meet the following criteria:.

Nov 1, 2017 – If, for instance, 60% of your mileage is for business purposes (40% personal), you can deduct 60% of the expenses related to the vehicle. See also the Canada Revenue Agency (CRA) interpretation bulletin IT-521R Motor vehicle expenses claimed by self-employed individuals (Archived).

Aug 8, 2016 – As a small business owner in Canada, you can deduct vehicle expenses. Vehicle expenses include: Capital Cost Allowance (if you own); Fuel & oil; Insurance; Lease payments (if you lease); Parking fees; Repairs & maintenance; Toll charges; Vehicle registration fees. A number of vehicle expenses that …