Kasey Johnstone, PCPKasey Johnstone, PCP
Member since Apr 2023

    We’re going through an employer compliance audit with the CRA right now. This audit looks at things like taxable benefits and the only way our company vehicles were considered not a taxable benefit is because they are parked on our company property when not in use for business purposes.

    The second they take those vehicles home it is now a taxable benefit. Think of it this way, if I’m driving to & from work in a work vehicle, now my commute cost is being covered by the company (therefore it’s taxable). If you guys do choose to go the route of allowing employees to take company vehicles home, you should just go full-fledged into it!

    Best of luck 🙂

    August 16, 2023 at 12:15