Automobile Amounts

Automobile Amounts

2021 2020 2019 2018 2017
  • Maximum capital cost (plus GST and PST)
  • Maximum lease payment (plus GST and PST)
  • Interest expense
  • Max deductible amounts
  • First 5,000 km
  • Over 5,000 km
  • Operating benefit
  • Salespersons
  • $30,000
  • 800
  • 300
  • 59¢/km
  • 53¢/km
  • 27¢/km
  • $30,000
  • 800
  • 300
  • 59¢/km
  • 53¢/km
  • 28¢/km
  • $30,000
  • 800
  • 300
  • 59¢/km
  • 53¢/km
  • 28¢/km
  • $30,000
  • 800
  • 300

  • 55¢/km
  • 49¢/km
  • 26¢/km
  • 23¢/km
  • $30,000
  • 800
  • 300

  • 54¢/km
  • 48¢/km
  • 25¢/km
  • 22¢/km
 
 20242023202220212020
Maximum capital cost (plus GST and PST)$37,000$36,000$34,000$30,000$30,000
Maximum lease payment (plus GST and PST) 1,050 950 900 800 800
Interest expense (per 30 day period)350 300 300 300 300
Maximum deductible allowances
First 5,000 km70¢/km 68¢/km 61¢/km 59¢/km 59¢/km
Over 5,000 km64¢/km 62¢/km 55¢/km 53¢/km 53¢/km
Operating benefit33¢/km 33¢/km 29¢/km 27¢/km 28¢/km