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| *The Commerce Journal>>>Canada Taxes |
If I have an employer provided automobile can I claim a tax deduction for any operating expenses? |
Added for tonalc1: You can claim any expenses you have paid that were related to your employment duties, as long as you were not reimbursed. Keep in mind that travelling from home to the office and back is considered personal, so you will have to prorate the expenses based on the employment use portion. You mean the mileage expense? No. That goes for wear and tear on the car, which you aren't incurring. If the company didn't reimburse you for gas, you can deduct that. |
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