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If You Use Your Car for Both Business and Pleasure

question 177

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If you use your car for both business and pleasure, the Canada Revenue Agency will usually allow you to report a portion of the costs of operating the vehicle as a business expense. This portion is determined by the ratio of the distance travelled on business to the total distance travelled in the year.
Last year, Harjap spent a total of $11,348 on gasoline, oil, repairs and maintenance, and insurance. His travel log shows that he drove 14,488 km on business and 8,329 km on personal use. What vehicle expense can Harjap report for the year?


Definitions:

Globular Protein

Proteins that are roughly spherical in shape, often soluble in water and serving roles in catalysis, regulation, and transport.

Aspartic Acid

A non-essential amino acid involved in the synthesis of proteins and in the urea cycle of mammals.

Aqueous Surroundings

Refers to an environment or condition where water is the solvent surrounding a substance or structure.

Secondary Structure

The level of protein structure involving hydrogen bonding between the backbone amide and carbonyl groups, forming alpha-helices and beta-pleated sheets.

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