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New Member
posted May 29, 2021 9:16:46 AM

I receive vehicle allowance as part of my employment and it is reflected in my earnings. Can I still claim vehicle expenses?

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1 Replies
Level 5
Dec 9, 2021 8:53:51 AM

As per Canada Revenue Agency (CRA), you can claim the Vehicle Allowance under Allowable Expenses. This payment is in addition to your regular salary. Unless the allowance is based on a reasonable per-kilometer rate, it is taxable.

 

Employees who get a taxable allowance may be able to deduct allowable expenses on their tax and benefit returns.

For further details, see Employees' allowable employment expenses.

 

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