Do you use a vehicle for business AND personal reasons?
Depending on who owns the vehicle - you might be eligible for write offs OR subject to a taxable benefit at tax time. Read this blog post to learn more, and find the tools you need for your calculations below!
For Employees:
Calculating Personal Use of a Business Car
Sale Price:
$20.00
Original Price:
$35.00
For Self-Employed:
Calculating Business Use of a Personal Car
Sale Price:
$20.00
Original Price:
$35.00