How to Claim Business Vehicle Expenses

How to Claim Business Vehicle Expenses

Do you use a vehicle for business purposes? If so, you can deduct motor-vehicle expenses as part of your business expenses on your tax return. The Canada Revenue Agency has strict requirements for claiming automobile deductions. This article outlines some of the rules that you need to know to ensure that you are in compliance and also so that you are aware of all the deductions that you are entitled to claim.

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