Vehicle Expense Deduction Calculator
calculate_vehicle_expenseCalculate deductible vehicle expenses for business use, including CCA, standby charges, operating benefits, and per-km allowances.
Instructions
Calculate deductible vehicle expenses for business use. Handles CCA, standby charges, operating benefits, and per-km allowances.
Tool call template
Replace each placeholder with a value matching the input schema. Only required parameters are included; add optional parameters as needed.
{
"id": 1,
"jsonrpc": "2.0",
"method": "tools/call",
"params": {
"arguments": {
"vehicle_cost": "<vehicle_cost>",
"total_km_driven": "<total_km_driven>",
"business_km_driven": "<business_km_driven>"
},
"name": "calculate_vehicle_expense"
}
}Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| fuel_cost | No | Annual fuel cost ($) | |
| is_leased | No | Is the vehicle leased? | |
| vehicle_cost | Yes | Purchase price or lease cost of vehicle ($) | |
| loan_interest | No | Annual loan interest paid ($) — if financed | |
| insurance_cost | No | Annual insurance cost ($) | |
| total_km_driven | Yes | Total kilometres driven in the year | |
| is_zero_emission | No | Is this a zero-emission vehicle? | |
| maintenance_cost | No | Annual maintenance cost ($) | |
| business_km_driven | Yes | Business kilometres driven in the year | |
| is_employee_benefit | No | Calculate standby charge/operating benefit for employee? | |
| monthly_lease_payment | No | Monthly lease payment ($) — if leased |