CCA Tax Guide to Employer-provided Vehicles & Allowances
The tax treatment of employer-provided vehicles and vehicle allowances is not well-understood within the construction industry. Common misconceptions include the belief that driving pick-ups and vans to and from home to construction sites at the employer’s insistence will not amount to a taxable benefit. To address this and the changes announced in the February 2003 federal budget, CCA, in consultation with CCRA, has produced a guide on employer-provided vehicles.