December 29th, 2011
The 2012 mileage rates are increasing by 1 cent per kilometre. Â The new maximum non-taxable rate that an employer can pay is rising to $0.53 / kilometre on the first 5,000 kms per year, and $0.47 for each additional kilometre.
Different rates apply if you live in a northern territory. Â Read the full release here: http://www.fin.gc.ca/n11/11-146-eng.aspFiled under: Uncategorized by David Boese No Comments »