Random Company requires their employees to travel for work using their own vehicles. The Company pays their employees a $0.75 per kilometer mileage rate allowance for the use of employee-owned cars. Ronny Ronald drove 7481 km this year and was provided an allowance at the company rate of $0.75 per kilometer. Ronny and the company are in Ontario. The non-deductible portion of the allowance provided to Ronny is

SWFT Comprehensive Volume 2019
42nd Edition
ISBN:9780357233306
Author:Maloney
Publisher:Maloney
Chapter5: Gross Income: Exclusions
Section: Chapter Questions
Problem 13DQ
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Random Company requires their employees
to travel for work using their own vehicles.
The Company pays their employees a $0.75
per kilometer mileage rate allowance for the
use of employee-owned cars.
Ronny Ronald drove 7481 km this year and
was provided an allowance at the company
rate of $0.75 per kilometer. Ronny and the
company are in Ontario.
The non-deductible portion of the allowance
provided to Ronny is
Transcribed Image Text:Random Company requires their employees to travel for work using their own vehicles. The Company pays their employees a $0.75 per kilometer mileage rate allowance for the use of employee-owned cars. Ronny Ronald drove 7481 km this year and was provided an allowance at the company rate of $0.75 per kilometer. Ronny and the company are in Ontario. The non-deductible portion of the allowance provided to Ronny is
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