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In this web document, Revenue Canada explains the importance of keeping track of vehicle use in your business. Proper documentation will pay off during tax time!
Important points to keep in mind:
-Only expenses relating to business travel or commercial activity are eligible for a business deduction and tax credits.
-Keep an accurate logbook of business travel for the entire year showing each business trip. Include the destination, reason for the trip, and distance covered.
Click here for more information.