Allowance for the use of a motor vehicle

For 2022, the per-kilometre rate that we generally consider reasonable for determining if the allowance you pay to an employee for the use of a motor vehicle is reasonable is $0.61 for the first 5,000 kilometres and $0.55 for each additional kilometre.

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

For 2022, the per-kilometre rate for calculating the operating-costs benefit of an automobile made available to an employee for personal use is $0.26 if the employee is engaged principally in selling or leasing automobiles. In all other cases, it is $0.29.

Meals

For 2022, the maximum price for calculating the value of the benefit related to meals provided to a hotel or restaurant employee is $9.49. For 2023, it is $9.88.

Lodging

For 2022, the maximum weekly price for calculating the value of the benefit related to lodging provided to a hotel or restaurant employee is $53. For 2023, it is $54.75.

The table below lists the prescribed interest rates for 2022 for calculating the value of the benefit related to a low-interest loan granted to an employee or a shareholder.