Allowance for the use of a motor vehicle

For 2025, the per-kilometre rate we generally consider reasonable for determining if the allowance you pay to an employee for the use of a motor vehicle is reasonable is $0.72 for the first 5,000 kilometres and $0.66 for each additional kilometre.

Operating-costs benefit related to an automobile made available to an employee

For 2025, the per-kilometre rate for calculating the operating-costs benefit of an automobile made available to an employee for personal use is $0.31 if the employee is engaged principally in selling or leasing automobiles. In all other cases, it is $0.34.

Meals

For 2025, the maximum price for calculating the value of the benefit related to meals provided to a restaurant or hotel employee is $11.57. For 2026, it is $11.93.

Lodging

For 2025, the maximum weekly price for calculating the value of the benefit related to lodging provided to a restaurant or hotel employee is $61.71. For 2026, it is $65.68.

Following the introduction of the new tax credit for R&D and pre-commercialization, changes were made to the security option deduction, primarily the definition of "qualified corporation" for the purposes of the increased deduction rate (50%). For more information, see Deduction for Canadian-Controlled Private Corporation (CCPC) Stock Options.

The table below lists the prescribed interest rates for 2025 for calculating the value of the benefit related to a low-interest loan granted to an employee or a shareholder.