Do you own a trucking business in the province of British Columbia? It’s important you register the vehicles in your fleet for IFTA filing to avoid penalty. Let us guide you further.
It is of utmost importance that you file your British Columbia quarterly IFTA report before the due deadlines as late filing may result in a penalty of $50 or 10% of the net tax liability. If you want to learn how to register for IFTA in British Columbia, the requirements are as follows:
January, February, March: April 30
April, May, June: July 31
July, August, September: October 31
October, November, December: January 31
Yes, you would still need to file a ‘zero’ report in the state of British Columbia.
You can find the latest information about, British Columbia truck permits, and IFTA rules and regulations on https://www2.gov.bc.ca/gov/content/taxes/sales-taxes/motor-fuel-carbon-tax/business/ifta-decals.
You are required to report the fuel put into qualified vehicles along with all kilometres travelled by qualified vehicles.
You need to complete the IFTA registration if
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