GST/HST for Trucking Operators Quiz

by Maria Thiessen Jul 15, 2025 0 Comment

Welcome to your GST/HST for Trucking Operators Quiz

Why should truck operators activate a GST/HST account with CRA as soon as possible?

To avoid paying GST/HST on future expenses

To qualify for backdated refunds beyond 90 days

Because CRA typically will not backdate registration more than 30 days

It is required to operate legally in Canada

None

How often does the Canada Revenue Agency typically issue GST/HST refunds to trucking operators?

Weekly

Monthly

Quarterly

Annually

None

What can happen if you fail to keep receipts and invoices for your eligible business expenses?

You can still claim the expenses without issue

You may have to repay claimed amounts during an audit

CRA will provide duplicate receipts on request

It does not impact your GST/HST refund eligibility

None

Which of the following is NOT an eligible GST/HST deduction for trucking operators?

Meal expenses while in travel status

Vehicle expenses for local business travel

Personal vacation expenses

Home office expenses

None

What are two key strategies truckers can use to keep more of their hard-earned money?

Avoid paying GST/HST and purchase new equipment annually

Claim GST/HST refunds and use the Non-Taxable Benefit system

Hire a full-time tax lawyer and operate only within Canada

Increase meal claims and reduce truck maintenance

None

Time's up