Fixed rate calculation

The fixed rate for 2018 is 26¢ and for 2019 is 28¢ per kilometre of personal use (including GST/HST and PST).

If the employee's main source of employment is selling or leasing automobiles, the fixed rate for 2018 is 23¢ and for 2019 is 25¢ per kilometre of personal use (including GST/HST and PST).

Rates for previous tax years can be found in older versions of the T4130, Employers' Guide – Taxable Benefits and Allowances or in section 7305.1 of the Income Tax Regulations.

Note

When you use the fixed-rate calculation, you still have to keep records of this benefit.

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