Work related Vehicle Expense VS Per-km Allowance

[Andre_Mb]

When using your personal vehicle for work related travel (i.e. pick up supplies), your employer can reimburse you by paying you a reasonable per-kilometer allowance (2020=$0.59/km for first 5,000km).

Self-employed individuals (i.e. unincorporated proprietorship) are allowed motor vehicle expenses, calculating vehicle expenses (fuel, license, maintenance, ect.) and deducting the % of costs based on business/personal use.

Can a owner-employee of a corporation (also officer), be reimbursed for work related travel expenses using a Per-Kilometer Allowance instead of Vehicle Expense method?

[TurboTaxHeba]

For questions related to corporate returns, you can contact Profile for more help:

https://quickbooks.intuit.com/learn-support/profile-community/misc/03/profile-en-ca