Why Keep a Logbook?
✅ Proves business use of your vehicle for deliveries
✅ Maximizes deductions for fuel, maintenance, insurance, and more
✅ Ensures CRA compliance in case of an audit
How to Keep a Logbook
A logbook must track the details of each trip used for SKIP deliveries. Keep a record of:
📅 Date of trip
📍 Start & end locations
📏 Start & end odometer readings
🛣 Total kilometers driven
🚗 Kilometers driven for SKIP deliveries
📝 Notes (e.g., deliveries, tolls, parking fees)
Sample Logbook for Couriers on SKIP
Use this logbook template to track your trips effectively:
Date | Start Location | Start Km | End Location | End Km | Total Km | SKIP Km | Notes (Pickup/Drop-off, Tolls, etc.) |
2024-03-05 | Home | 212,500 | Customer | 212,512 | 12 | 12 | Dinner delivery, parking fee paid |
2024-03-06 | Home | 212,512 | Restaurant | 212,537 | 25 | 20 | Mixed trip, personal errand included |
2024-03-07 | Customer A | 212,537 | Customer B | 212,552 | 15 | 15 | Multi-stop delivery |
2024-03-08 | Gas Station | 212,552 | Restaurant | 212,562 | 10 | 8 | Partial business trip |
How to Calculate Business Use
Your tax deductions depend on the percentage of kilometers driven for SKIP deliveries compared to your total yearly kilometers.
Formula:
(Total SKIP kilometers ÷ Total kilometers driven) × 100 = Business Use %
💡 Example:
Total kilometers driven in a year: 25,000 km
Kilometers driven for SKIP: 18,000 km
Business use: (18,000 ÷ 25,000) × 100 = 72%
You can claim 72% of eligible vehicle expenses
📢 CloudTax makes this easy! Just enter your total and business kilometers, and CloudTax will automatically calculate your business-use percentage—no manual math required!
How to Maintain a CRA-Compliant Logbook
✅ Track trips consistently—the CRA requires detailed records
✅ Log odometer readings at the start and end of each year
✅ Keep receipts for fuel, insurance, and maintenance
✅ Use CloudReceipts to store records digitally
By keeping a detailed logbook, Couriers on SKIP can maximize vehicle deductions and ensure accurate claims at tax time! 🚗💨