Search found 5 matches. Go to advanced search
My understanding is that if you buy a car that is above 30K you can depreciate only 30K+HSTLet's say the car was 35K + taxes30K + GST will me written off over time via the CCA account What happens with the difference 5K + taxes ? How do I write that off ?
I am a very small business owner. I am in the market to buy a new car, which will be used for both business and pleasure.Is it better to buy a new one or lease it. In which case I can maximize the write off.Thanks
If you own a corporation that has cash/investments/capital, is there an efficient way to buy a "toy" car using the capital in the corporation. I'm thinking something along the following lines: - Utilizing a letter of credit to cross-guarantee a personal loan at a low rate ...
I know when it comes to small business most of the cards arent good...listing business or personal is fine.
Hi,I will not be needing my car (paid in full) for 3 months. Can I rent it out to someone?Would there be any legal issues with that?Would renter have to get his/her own insurance?What happens if the renter runs with the car - would that be considered theft?Thanks.
Get all the hottest deals, flyers & coupons
delivered to your inbox!
You can unsubscribe at any time.