Bookkeeping & Tax Compliance for Small & Medium Car Rental Businesses
From fleet expenses to GST/HST on every rental and vehicle depreciation — whether you run a rental lot or host on Turo, we keep your numbers clean so you can grow your fleet with confidence. Fixed monthly pricing from $199/month.
- CPA-led
- 30-day money-back guarantee
- From $199/month
Sound Familiar?
Our Services
Per-vehicle tracking of fuel, maintenance, insurance, registration, and financing costs.
Charge, track, and remit GST/HST on rental income; claim Input Tax Credits on fleet expenses.
Correct Capital Cost Allowance treatment for every vehicle in your fleet.
Monthly profitability by vehicle so you know which cars to keep, sell, or add.
Proper splitting of vehicle financing into interest, principal, and depreciable cost.
T2 corporate return preparation, fully reconciled with fleet asset schedules.
Who We Serve
- 1
Turo & Peer-to-Peer Hosts — Starter Plan
Hosting one or more cars on Turo. Needs income tracked against Turo's host fees, personal-use kilometres separated, CCA claimed correctly, and the $30,000 GST/HST registration threshold watched.
- 2
Starter Fleet (1–5 cars) — Starter Plan
Just started renting, mixing personal and business finances, needs clean separation and GST set up.
- 3
Growing Fleet (6–20 cars) — Growth Plan
Multiple vehicles, financing, employees or contractors. Needs per-vehicle reporting and tax handled.
- 4
Established Operator (20+ cars) — Scale Plan
Larger fleet, corporate structure, needs full back-office, CCA strategy, and audit-ready books.
How We Handle the Hard Parts
Turo and peer-to-peer host accounting
Hosting on Turo is not the same as running a rental lot: Turo collects the guest's payment, deducts its host fee, and remits the trip taxes it charges guests — but the host is still responsible for income tax on the earnings and for their own GST/HST position. We record gross trip revenue and host fees separately (so deductions aren't lost), prorate every vehicle cost between personal and business kilometres, and keep the mileage log evidence the CRA asks for in a review.
Getting CCA right on rental vehicles
Vehicle depreciation is where rental books most often go wrong. The Capital Cost Allowance class — and whether the passenger-vehicle cost ceiling applies — depends on how the vehicle is used and what it cost. We assign the correct class for each vehicle, track additions and disposals through the year, and plan claims so a growing fleet doesn't create an ugly recapture surprise when a car is sold.
GST/HST on rentals, done both directions
Rental income is a taxable supply, so GST/HST must be charged and remitted — but the flip side is that fuel, repairs, insurance and even vehicle purchases carry recoverable tax. Most operators over-remit because nobody claims their Input Tax Credits properly. We file returns with both sides accounted for, on the schedule (monthly, quarterly, annual) that fits your cash flow.
Per-vehicle profit you can act on
A fleet P&L that lumps every car together hides the two vehicles quietly losing money. We tag every expense and booking to a specific vehicle, so your monthly statements show exactly which cars earn their keep — the difference between growing a fleet on data and growing it on gut feel.
Simple, Fixed Pricing for Canadian Car Rental Operators
Built around how fleets really work — per-vehicle tracking, GST on rentals, and CCA depreciation, all included.
All plans include free onboarding, a dedicated bookkeeper, and a 30-day money-back guarantee. No long-term contract.
- Up to 5 vehicles tracked individually
- Monthly bank & credit card reconciliation
- Per-vehicle expense categorization (fuel, maintenance, insurance, registration, cleaning)
- GST / HST tracking on rental income
- Monthly Profit & Loss statement
- Year-end fleet asset schedule (ready for your CPA)
- Email support within 24 business hours
- Free onboarding & QuickBooks Online / Xero setup for car rental
Everything in Starter, plus:
- Up to 20 vehicles tracked individually
- Quarterly GST / HST filing & remittance
- Input Tax Credit claims on fleet expenses (fuel, repairs, insurance)
- Capital Cost Allowance (CCA) tracking per vehicle
- Vehicle loan & lease accounting (interest vs principal split)
- Per-vehicle monthly profitability reports
- Monthly 30-minute financial review call
- WhatsApp + email priority support
Everything in Growth, plus:
- Unlimited vehicles tracked individually
- T2 corporate tax return preparation
- T1 personal tax return preparation (owner)
- Full CCA strategy & disposal planning (Class 10, 10.1, 16 vehicles)
- Fleet financing strategy support
- CRA audit support & representation
- Bi-weekly check-in calls
- Dedicated account manager
Our risk-free promise
- 30-Day Money-Back Guarantee
- CPA-led firm
- No long-term contract
- Free onboarding
Not sure which plan fits? Book a free 30-minute consultation and we will recommend the right one for your business.
Certified, Remote & Risk-Free
Frequently Asked Questions
Guides & Resources
CPA-written answers to the questions we hear most — free, no email wall.
Turo Host Taxes in Canada: The Complete CPA Guide
Income tax, GST/HST, deductions and CCA for Turo hosts — what the CRA expects since platform reporting began.
Car Rental Business Accounting in Canada
Chart of accounts, revenue recognition, damage recoveries and per-vehicle profitability for rental operators.
CCA Vehicle Classes: Which Class Covers Your Fleet?
Class 10, 10.1, 16 and 54 explained, with a worked example for a rental fleet vehicle.
Reporting Side Hustle Income to the CRA
Platform income reporting rules, T2125 basics and the penalties for leaving gig income off your return.
Ready to Get Your Books Under Control?
Book a free 30-minute consultation. No sales pitch — just an honest review of your books and what needs to change.
100% Remote · 30-Day Money-Back Guarantee · No Long-Term Contract