What Is A Commercial Vehicle?
A commercial vehicle is a phrase used to describe a motorized transportation mode that is primarily used for business purposes. These vehicles are essential in moving goods, services, and passengers. They play a vital role in the global economy.
Types of commercial vehicles include trucks (from light-duty to heavy-duty), buses, vans, delivery vehicles, taxis, and specialized vehicles like tankers and refrigerated trucks.
Commercial vehicles are heavily regulated to ensure safety for both their drivers and other road users. They are essential for efficient business operations and the transportation of goods and people, making them a vital component of modern economies.
In many cases keeping a logbook of the use of the vehicle is either a requirement, or a very good idea. Driversnote’s automatic mileage tracker is designed to make that task as quick and easy as possible.
See the methods and a step-by-step explanation of the five steps to claiming motor vehicle expenses from the CRA as a self-employed individual or an employee.
CRA Mileage rate 2023 in Canada. See the new CRA per-km rate for business kilometres and how to claim mileage in the new year with the CRA 2023 mileage rate.
See the pros and cons of company cars and car allowances in Canada and decide which is right for your company - make the best choice for your business & employees.