A personal question NF

[HTHM]

How much are you reinbursed for milage when using your vehicle at work?

[JohnF]

How much are you reinbursed for milage when using your vehicle at work?

 

$0.50/klik

 

JF

[Terry]

.62 per km

[Guest skeeter99]

I write off $3500 to $4500 a year in my taxes, since I am self employed

 

it works out the I am paying about 87 cents a litre with the return I get in the write off

[JohnF]

.62 per km

 

Whoa. I like yers better than mine.

 

JF

[HTHM]

The reason I am asking is I need to establish a baseline number to price a job in Sask that my brother-in-law needs done. Apparently they are VERY desperate for tradesmen out there, so needy in fact they would consider using me......

[Terry]

well because I always carry tools and supplies I get .10 more then most others who work where I do

[Joey]

Our accountants get $400 per month, plus all gas receipts.

 

I get 40 Cents per KM to do Admin stuff.

 

Joey

[Wild]

It is up to you to negotiate with the company so include fuel, oil, and maintenance, you will also have to keep a record of millage per trip per day with receipts. You can get guidelines from our friendly government revenue agency.

[Victor]

i used to work in an engineering consulting firm and i got 50c/km ... from all the others I have talked to in the industry it seems that the standard is around 40-50.

[tonyb]

$.50/km

[sturgman]

$.54 for me...

[jwl]

I am also self employed, and my accountant that does the taxes figures out what I can write off...gas,maintanance,insurance,was able to write of a part of a vehicle lease before I boughyt it out..depreciation of vehicle and so on, works out as a good chunk of a tax break at the end of the year.

 

for jobs where a travel charge is applicable to me, I work it out at $60/hr...30 cents a km, plus $30/hr bringing the travel charges to $60/hr

[addy79]

0.55/km

[LeXXington]

50/k What ever the CCRA (revenue says is the min)

[Photoz]

Canada Post - 40.5 a klick

[Another Canadian]

We use the tax exempt limit of $0.52 for the first 5,000km for employees.

 

http://www.fin.gc.ca/news07/07-111e.html

 

Consultants charge us whatever they can get away with.

 

AC

Edited August 18, 2008 by Another Canadian

[Terry]

Another Canadian...yeah that's what we go by, but I get .10 more for heavy haulage

[Burtess]

$0.45 for the first 40,000Km, $0.32 for anything over. I usually do about 60,000Km per year.

 

Burt

[fishindevil]

I am unionized,and through our negotiated contract we are 50. cents per km.

[PatrickGG]

52 cents/k

[John Bacon]

For those of you getting more than the CCRA limits ( $0.52 / km and $0.46 / km after 5,000km) should know that you are required to claim the entire re-imbursement as income. However, you will be able to deduct your auto expenses. For those being re-imbursed for the CCRA limits or less, there is no need to report the re-imbursement as income.

[Jer]

I'm one of the lucky ones with a company car (and gas card), but most of our sales force drive their own cars...and boy, are they ever getting hosed compared to most on here:

 

$0.35/km for the first 2000 km a month and only $0.20/km after that.

[mgrieve]

$0.51/km