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Vehicle Allowance Policy
Ask the ExpertVehicle Allowance Policy
Chris Ferrari asked 2 years ago
Hello,  I'm developing a vehicle allowance policy for our company and I'm curious if you have any examples. Our COO is looking (simply stated) for the policy to be a monthly lump sum plus gas card, while our controller is stating that it should be a mileage reimbursement. The goal is to have the allowance to be tax free to the employee. Please let me know if you have any experience in this area and I appreciate your support.  Regards,  Chris
1 Answers
Glenn Demby answered 2 years ago
Here are a couple that are OK as templates but don't reflect the new CRA rates:  https://www.gfoa.ab.ca/wp-content/uploads/2019/11/Car_Allowance.pdf https://pub-mississauga.escribemeetings.com/filestream.ashx?DocumentId=5783