Did you know that to be entitled to the vehicle expenses deductions, you MUST keep a kilometre log?
We’ve simplified the process for you.
In the kilometre log spreadsheet:
• Enter your beginning odometer reading in January
• Enter ONLY your business trips each month
• Enter your odometer reading at the end of December
Make you sure you keep ALL your gas receipts for the entire year.
Our bookkeeping workbooks have a vehicle expense tab, enter your monthly totals and it will calculate the % you can claim.