Thursday, January 31, 2013

Cyclists Breaking Canadian Income Tax Laws while Cycling their Talk?









The allowable amount for claiming a mileage business tax deduction for employees is 55¢ per kilometre NOT $1 a per kilometre.



Revenue Canada should take note of such questionable tax practices by these agencies and their very illegal focus on social responsibility.



Source






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Thanks for your thoughts, comments and opinions, will be in touch. Peter Clarke