View Single Post
Old 06-18-2011, 10:14 AM   #8
Mccree
#1 Goaltender
 
Join Date: Sep 2003
Location: Calgary
Exp:
Default

Quote:
Originally Posted by cal_guy View Post
If you view that your employer's allowance is unreasonable then you would include your car allowance as taxable income, and report your automobile expenses.

Here are a couple of good sites for deducting employee expenses
http://www.bdo.ca/library/publicatio...ns/012007a.cfm
http://blog.taxresource.ca/if-you-us...or-employment/
http://www.cra-arc.gc.ca/tx/ndvdls/t...rvhcl-eng.html
We do this all the time. Never any issues as long as you have a log book to back up the km's
__________________

Mccree is offline   Reply With Quote