Solved: Can i use rate per km for employment expenses

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
EnglishEN

Pick a language

Français English
Announcements
For information related to Covid-19 and how to get help if you lost your job, please see The Covid-19 Tax Info Center
cancel
Showing results for 
Search instead for 
Did you mean: 
Highlighted
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?

1 Best answer

Accepted Solutions
Highlighted
Moderator

Can i use rate per km for employment expenses

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.


View solution in original post

2 Replies
Highlighted
Moderator

Can i use rate per km for employment expenses

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.


View solution in original post

Highlighted
New Member

Can i use rate per km for employment expenses

Thank you!