Trucking Tax update
Buying a truck or equipment after September 15, 2026? Do not assume every vehicle gets a 100% write-off
The proposal would let a business deduct the full cost of most equipment in the year it becomes available for use.
Tax guides › Trucking
Trucking tax guides
The CRA has been looking closely at incorporated drivers and at how trucking businesses report payments. These guides explain what is driving that attention and what the 2026 equipment proposal means for a truck purchase.
More trucking guides will be added. The vehicle records and GST guides also apply to owner operators.
2 guides in this topic
Trucking Tax update
CRA reviews of trucking businesses: what owners should know
There are two separate issues. First, if you drive through your own corporation, the CRA may treat it as a personal services business.
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Tax and Bookkeeping for Trucking Businesses in Surrey
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