by Anson
(Calgary, AB, Canada)
Simplified Travel Rates vs. Employee Auto Allowance Rates
I am incorporated in Canada and am confused by the lack of information on the web for the simplified vehicle travel rates. I am glad I've found more information on this site.
However, I would like to clarify if there is any difference between the 2010 "Alberta rate of 51.5 cents per km" and the "52 cents for first 5,000 km and 46 cents for the remaining". Which one should I use?
Also, if I'm preparing T2 return for the year 2010-10-01 to 2011-09-30, should I use the 2010 or 2011 rates, if they were different?
Comments for Simplified Travel Mileage Rates
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