Automobile allowance rates
The automobile allowance rates for 2016 are:
- 54¢ per kilometre for the first 5,000 kilometres driven; and
- 48¢ per kilometre driven after that.
In the Northwest Territories, Yukon, and Nunavut, there is an additional 4¢ per kilometre allowed for travel.
The automobile allowance rates for 2015 are:
- 55¢ per kilometre for the first 5,000 kilometres driven; and
- 49¢ per kilometre driven after that.
In the Northwest Territories, Yukon, and Nunavut, there is an additional 4¢ per kilometre allowed for travel.
For more information visit the CRA’s website: http://www.cra-arc.gc.ca/tx/bsnss/tpcs/pyrll/bnfts/tmbl/llwnc/rts-eng.html