Finance released their rates for 2013 for vehicles recently:
http://www.fin.gc.ca/n12/12-178-eng.asp
In my TaxLinks Pro Portal on vehicle rules because there are different rules for claiming expenses by employees, shareholders and self-employed persons, combined with different rules for different vehicles, this makes for a real mess of rules!
If you aren't sure about which rules apply to your situation, this page may provide some clarity, or scare you enough to seek professional help:
www.taxdetective.ca/vehicles.html
If a subscription to TaxLinks Pro Portal interests you, that's where I post my research and topical links so I can find them again. I sell a subscription that I've chosen to renew each October 1. It's $30, no matter when you sign up, and it's a great way to enhance your tax reading for PD points if you're a CGA looking for non verifiable hours.
...2.5 days to go to accumulate enough points for 2012...
www.taxdetective.ca/shop.html
Automotive Deduction limits for 2013
4:05 PM |
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