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August 10, 2024
Question

How much can I claim per meal prior taxes

  • August 10, 2024
  • 1 reply
  • 0 views
How much does cra allows per meal prior taxes

1 reply

August 12, 2024

Hi aconcreteworld@h,

 

Welcome to Community!  QuickBooks Online has a dynamic sales tax feature, that enables you to Set up a sales tax rate for Meals and Entertainment.  You can calculate meal and vehicle expenses, using the detailed or simplified method, as explained on the CRA website.

 

Should you require additional assistance, I recommend speaking with an accounting professional for their expertise and best course of action.  If you don't have an accountant, we can help you locate a ProAdvisor in your local area. 

 

If you have any other questions, feel free to reach back out. We would be glad to help!