CCH iFirm Tax Forms 2019 v.5.0 (2020.20.28.02)

T4 - Business Use of Automobile (AutoTax)

If the employee was required to use the automobile in connection with the office or employment, check the relevant box on the "Employee" screen. This enables Taxprep Forms to determine if the standby charge can be reduced.

The standby charge can be reduced if:

1. the employee is required by the employer to use the vehicle and at least 50% of the distance travelled by the automobile during the available days was in connection with the office or employment; and

2. the total kilometres for personal use are less than 20,000 a year. (See calculation details).

See Also

Kilometers Driven

Reducing the Operating Cost Benefit