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CRA and documenting your vehicle

by Intuit• Updated 3 months ago

The Canada Revenue Agency (CRA) outlines both the importance of creating a logbook of your business travels as well as how to calculate the use of that vehicle for tax purposes.  Fortunately, QuickBooks Self-Employed takes care of the logbook portion for you, making this whole process a lot simpler for you come tax time.

For details on the CRA requirements and calculations, see documenting the use of a vehicle.