The limit on the deduction of tax-exempt allowances paid by employers to employees using their personal vehicle for business purposes will increase to $0.72 per km for the first 5,000 km, and to $0.66 per km for each additional km. For the territories, the limits will be $0.76 and $0.70.
This does not apply to self-employed persons, who must track all vehicle expenses and keep a trip log.
TaxTips.ca - Tax free motor vehicle allowances
TaxTips.ca - Mileage rates for tax-free motor vehicle allowances for business travel.
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https://www.taxtips.ca/smallbusiness/tax-free-vehicle-allowance.htm
2025 Tax-Free Motor Vehicle Allowances
The limit on the deduction of tax-exempt allowances paid by employers to employees using their personal vehicle for business purposes will increase to $0.72 per km for the first 5,000 km, and to $0.66 per km for each additional km. For the territories, the limits will be $0.76 and $0.70.
This does not apply to self-employed persons, who must track all vehicle expenses and keep a trip log.
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