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Don’t forget to fill up your gas tank before the end of the year!Many employees and many self-employed persons deduct the business-use portion of their annual automotive expenses. December 31 is the last day to take advantage of that fill up and the resultant tax deduction and perhaps HST input tax credit for the 2011 taxation year. Perhaps a car wash and an oil lube and filter might also be in order! Happy New Year from S+C Partners LLP! « Return to Newsledger |
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