iam1
New Member

Can i use rate per km for employment expenses

If you have a T2200 allowing deducting of employment expenses, instead of adding up all car expenses and taking a %, can you use a per km rate?  ie. 58 cents per km?

Self-employed

There is no simplified method for the T777. The per KM rates are only if you are an employer and you wish to give an allowance to your employees. On the T777 you must use your actual expenses paid, backed with receipts.


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iam1
New Member

Self-employed

Thank you!