Welcome to your Which Tax System Is Best For Canadian Operators?
What is one of the most powerful systems available to Canadian Operators?
Non Taxable Benefits are reimbursements provided by an employer to an employee that are not taxed.
You can charge your corporation cents per km for the use of your personal vehicle every time your run errands for your corporation, like picking up truck supplies, going to the bank, accountant meetings, etc.
How many forms do you need to document your Personal Vehicle usage?
As a truck driver, you are eligible to receive a per diem allowance when on the road. Who pays this allowance?
The TL2 gives you \$69.00 per day, which after taxes is only \$17.04. This is not a physical cheque. This is only deducted from your tax owing. If you do not owe taxes, this credit disappears.
How much money does a truck driver make in Non Taxable Benefits in a year?
Can self employed drivers receive Non Taxable Benefits?
