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Gregory, Harriman & Associates LLP Blog

Did you know?

On December 19, 2019 the Department of Finance announced changes to the allowable automobile deduction limits and expense benefit rates.

Effective starting in 2020 the limit on the deduction of tax-exempt allowances paid by an employer to an employee, who uses a personal vehicle for business purposes, will be increased from 58 cents to 59 cents per kilometer for the first 5,000 kilometers, and 53 cents for each additional kilometer.

For more information regarding automobile allowance and benefit rates you can follow the link below to the full December 19, 2019 Department of Finance release, or contact Gregory Harriman & Associates LLP by email at This email address is being protected from spambots. You need JavaScript enabled to view it. or by phone at 1-403-934-3176.

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