Lenora Timmons CPA CGA
1086 Cheticamp Back Road
P.O. Box 580
Cheticamp, N.S. B0E 1H0
Did you know that a claim by an individual for “motor vehicle” expenses calculated on a cents-per-kilometre (mile) basis is not acceptable. To support a claim where a “motor vehicle” is used in part for business purposes and in part for personal purposes, a record should be kept of total distance travelled and distance travelled for business purposes in a year. The record should contain at least the date, destination and distance travelled for each trip. Salespersons can be paid on a cents-per-kilomtre basis in accordance with prescribed rates.