If you travel for a transportation company (for example, as a bus or truck driver or as a flight attendant) you can deduct the cost of certain meals and lodging to the extent you are not entitled to be reimbursed. The deduction for meals will be restricted to 50 per cent of your cost.
As of March 19, 2007, the meals deduction limit for eligible long-haul truck drivers is increased to 60 per cent, rising by an additional 5 per cent per year from 2008 to 2010 until it reaches 80 per cent for 2011 and later years.
Information for Tax Tips is provided as a public service by the Chartered Accountants of British Columbia.