Questions tagged [vehicle]
The vehicle tag has no usage guidance.
4
questions
4
votes
1
answer
62
views
Capital gains when selling my boat and HST in Ontario Canada
Someone gifted me a boat and provided me with the original receipt that shows what they paid for it. I can see they paid $47000 + HST (=$53110).
If I sold the boat to a friend for $50000, do I need ...
8
votes
4
answers
3k
views
Are miles driven for business deductible expenses if the travel expenses are reimbursed?
I completed some work for an organization. I was paid as an independent contractor and expect to be issued a 1099. For one part of the work, I was required to travel a significant distance (by car). ...
0
votes
2
answers
161
views
How to account for depreciation and inflation adjustment on GnuCash?
I've been using GnuCash to track only my money and securities. Now, I wanna use it to track also my fixed assets so that I have a more accurate estimation of my net worth.
One fixed asset I have is a ...
0
votes
0
answers
582
views
Can I sell my business car to myself (personal)?
I am seeking to change the ownership of my vehicle from my business to myself? In other words, the vehicle will no longer be used for business purposes - just for personal.
Now, my accountant ...