DATABASICS can help you stay on top of Canada's requirements for reporting and recovery according to your company policy.
The automobile allowance rates for 2016 and 2017 are:
- 54¢ per kilometre for the first 5,000 kilometres driven; and
- 48¢ per kilometre driven after that.
In the Northwest Territories, Yukon, and Nunavut, there is an additional 4¢ per kilometre allowed for travel.
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