Visual Guide

"It's A Write-Off" Doesn't Mean It's "Free"

Most people think a company car is a "full write-off" 💸 The reality, CRA has strict limits, caps, and taxable benefit rules that most people never hear about. Before buying a vehicle through your corporation, know these facts.

Tax Benefits
Write Off
CRA Audit
Corporate Tax
Tax Compliance
Vehicle Expense

"It's A Write-Off" Doesn't Mean It's "Free" — slide 1

"It's A Write-Off" Doesn't Mean It's "Free" — slide 2

"It's A Write-Off" Doesn't Mean It's "Free" — slide 3

"It's A Write-Off" Doesn't Mean It's "Free" — slide 4

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