[Bcma-l] KM reimbursement for auto use

[bcma-l@museumsassn.bc.ca]

I suggest using the "reasonable" reimbursement rates as advised by Revenue
Canada, that is, 50 cents per kilometre for the first 5000 kilometres and
then 44 cents per kilometre thereafter.  This is important because as a
reasonable reimbursement it is not taxable.  However, if the amount is
either too high or too low it can be taxed as a taxable benefit and added to
the recipient's taxable income.  Revenue Canada gets to decide if it's
reasonable or not, we don't....

Lynne Wright,
MSA Museum

-----Original Message-----
From: bcma-l-admin@museumsassn.bc.ca [mailto:bcma-l-admin@museumsassn.bc.ca]

Sent: Tuesday, May 08, 2007 4:22 PM
To: bcma-l@museumsassn.bc.ca
Subject: Re: [Bcma-l] KM reimbursement for auto use

We are using .48 cents per km.

----- Original Message ----- 
From: <bcma-l-admin@museumsassn.bc.ca>
To: <bcma-l@museumsassn.bc.ca>
Sent: Tuesday, May 08, 2007 2:07 PM
Subject: [Bcma-l] KM reimbursement for auto use


> Message/inquiry for BCMA listserv:
>
>
> Given the recent increases in the price of gasoline, I am curious as 
> to
> what rates various institutions are employing for reimbursement for 
> auto
> use per kilometre?
>
> FYI: the Gulf of Georgia Cannery Society is currently using .43/km.
>
> ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
> Mark Sakai
> Manager, Gulf of Georgia Cannery Society
> Gulf of Georgia Cannery National Historic Site of Canada
> 12138 Fourth Avenue, Richmond, BC  V7E 3J1
> t: 604-664-9192  f: 604-664-9008
> www.pc.gc.ca/gulfofgeorgiacannery
>
> ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
> _______________________________________________
> Bcma-l mailing list
> Bcma-l@museumsassn.bc.ca
> http://hp.bccna.bc.ca/mailman/listinfo/bcma-l
>
>
> 


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