If you use your vehicle for business, you may be eligible to take a mileage deduction.
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Step 1…Enter the make, model and year of motor vehicle used to earn employment income
Step 2…Enter the kilometres you drove in the tax year to earn employment income
Step 3…Enter the total kilometres you drove in the tax year
Step 4…And then the form will ask you to calculate the percentage use.
Voila, that is all that is required.
IMPORTANT : Be sure to save supporting documentation, such as your driving logs, calendars, and meeting notes in order to verify your deductions claimed.
