Driving Your Personal Vehicle For Business Use
My brother recently opened a sole proprietor business. He uses the family car registered under the name of his common law partner for business purposes.
For tax purposes, can he claim motor vehicle expenses in proportion to the business use, even though the vehicle is not registered under his name or his business name?
Also, can he claim insurance expenses if the coverage does not include business use?
If he cannot claim insurance because the coverage is only for personal use, can he still claim the other motor vehicle related expenses, gas, repairs, etc. and just leave out insurance expenses?
Looking forward to your reply, thanks in advance.
Use the search feature to quickly find the
information you're looking for.
Click on image above to read the chat.
Join Me On Facebook
Help support this site by "liking" me! Here's where I post current information.
Listed Under Websites NOT Local Business.
This website is NOT associated with the business operating in Bonnyville AB.