How can I get the right calculations for automobile expenses on a prorata of business mileage to total mileage?The keyword Kilometres, in the subgroup Vehicle-Exp from the Business group, provides you with a place to enter the total mileage as well as the mileage travelled for work. This is where DT Max proceeds to prorate these expenses.Although the CCA amount showing on the relevant line of the depreciation category is not prorated, the amount included in the total CCA claimed is prorated according to the mileage covered for business purposes. The CCA amount must remain at 100% in the CCA worksheet so as to calculate the exact amount of UCC at the end of the fiscal period. Illustration: AREA A - CALCULATION OF CAPITAL COST ALLOWANCE CLAIM
Total CCA for the year: 1 500 October 26, 1999 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
