Intro To Payroll Exam Question & Correct Answer () Updates
Intro To Payroll Exam Question & Correct Answer () Updates RQ and CRA define a car allowance as reasonable if: - CORRECT ANSWER-- The allowance is based solely on business kilometres driven in a calendar year - the amount provided is based on the following government-prescribed reasonable guidelines - $0.58 per km for the first 5,000 business km's in the year ($0,62 in the Yukon, NWT & Nunavut) - $0.51 thereafter ($0.56 for YK, NWT, NT) - the employer does not reimburse the employee for expenses related to the same use of the vehicle Personal Driving includes: - CORRECT ANSWER-- vacation travel - driving to conduct personal business - travel between home and work, even if the employer insists the employee drive the vehicle home
Written for
- Institution
- Payroll
- Course
- Payroll
Document information
- Uploaded on
- July 26, 2024
- Number of pages
- 20
- Written in
- 2023/2024
- Type
- Exam (elaborations)
- Contains
- Questions & answers
Subjects
- personal driving includes
- business driving includes
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intro to payroll exam question correct answer
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rq and cra define a car allowance as reasonable if
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