2019 Automobile Deduction Limits and Expense Benefit Rates for Business

January 23, 2019 by

On December 27, 2018, the Department of Finance Canada announced the income automobile tax deduction limits and expense benefit rates that will apply in 2019 when using an automobile for business purposes. The following two changes are effective January 1, 2019; Mileage Reimbursement Rate in Canada for 2019 The tax-exempt automobile allowance paid by employers to employees who use
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