Truck Driver Tax Filing
Keep more of what you earn on every route.
Owner-operators and trucking companies have one of the longest lists of allowable deductions of any profession in Canada — but only if they're claimed correctly. We specialize in truck driver tax across Ontario, handling everything from per diem meal claims and IFTA filings to corporate T2 returns and CRA compliance.
Book Free Consultation
What We Offer
Who Is This For?
Why Choose Synergy
Every Deduction Captured
Fuel, insurance, licensing, union dues, GPS, safety equipment, medical exams, parking, tolls, and home office — we make sure every legitimate expense is identified and correctly claimed on your return.
Per Diem Meals Maximized
Long-haul drivers travelling 160+ km from home and away for 24+ hours can deduct 80% of meal expenses. CRA allows $23 per meal without receipts. We track your qualifying days and always use the method that produces the larger deduction.
Truck and Equipment Write-Offs
Heavy trucks over 11,788 kg GVW are Class 16 assets at 40% CCA. Eligible incorporated businesses may deduct the full purchase cost in the year of acquisition under the Immediate Expensing Incentive.
IFTA and GST/HST Handled
We prepare all quarterly IFTA filings, reconcile your fuel and mileage records, and handle your GST/HST returns — maximizing input tax credits and keeping you fully compliant.
Frequently Asked Questions
What expenses can truck drivers deduct in Canada?
Truck drivers can deduct fuel, oil, and maintenance; tire replacement and repairs; truck lease payments or CCA on owned trucks; insurance and licensing fees; union dues; GPS and communication tools; safety equipment; medical exams required for licensing; parking and tolls; lodging while on the road; and per diem meal expenses. We review your full expense profile to ensure nothing is missed.
How does the per diem meal deduction work?
Long-haul truck drivers who travel at least 160 km from home and are away for 24+ hours qualify for an 80% meal deduction — higher than the 50% rate for most self-employed individuals. CRA allows $23 per meal ($69/day) without receipts using the simplified method. For a driver away 200 nights per year, this deduction alone can exceed $11,000.
Do I need to file IFTA?
If you operate a commercial vehicle over 11,797 kg and travel across provincial or US state lines, you must file quarterly IFTA returns. We prepare all four filings, reconcile your mileage and fuel logs, and calculate any tax owing or refundable by jurisdiction.
Should I incorporate my trucking business?
Incorporation generally makes sense when your net income consistently exceeds $80,000–$100,000 per year and you don't need all of it personally. A corporation pays roughly 12.2% on active business income under the Small Business Deduction — far below personal marginal rates in Ontario. We model the numbers before making a recommendation.
Ready to get started?
Let's talk.
Book a free, no-obligation consultation with our team today.