Quote:
Originally Posted by Igster
The link that DA supplied in the second post clearly states that you can claim mileage and other costs and doesn't mention anything about being your own company. I will track my KM's and keep gas receipts, etc. and let an accountant figure out the rest. Thanks for the responses.
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Here are the rules:
You can deduct your motor vehicle expenses if you meet all of the following conditions:
- You were normally required to work away from your employer's place of business or in different places.
- Under your contract of employment, you had to pay your own motor vehicle expenses.
- You did not receive a non-taxable allowance for motor vehicle expenses. Generally, an allowance is non-taxable when it is based solely on a reasonable per-kilometre rate.
- You keep with your records a copy of Form T2200, Declaration of Conditions of Employment, which has been completed and signed by your employer.
If you meet the above conditions you can deduction your motor vehicle expenses.