What are the CRA auto limits and rates? (2017, 2016, 2015 and 2014)


The CRA 2017 automobile limits and rates are as follows:

  • The general prescribed rate used to determine the taxable benefit relating to the personal portion of automobile operating expenses paid by employers for 2017 is 25 cents / kilometer. For taxpayers employed principally in selling or leasing automobiles, the prescribed rate will be 22 cents / kilometre. The additional benefit of having an employer-provided vehicle available for personal use (i.e., the automobile standby charge) is calculated separately and is also included in the employee’s income.
  • The limit on the deduction of tax-exempt allowances paid by employers to employees that use their personal vehicle for business purposes is 54 cents / kilometre for the first 5,000 kilometres driven and 48 cents for each additional kilometre. For the Northwest Territories, Nunavut and Yukon, the tax-exempt allowance is set 4 cents higher, to 58 cents / kilometre for the first 5,000 kilometres driven and to 52 cents for each additional kilometrer

  • The ceiling on the capital cost of passenger vehicles for capital cost allowance (CCA) purposes will remain at $30,000 (plus applicable federal and provincial sales taxes). This ceiling restricts the cost of a vehicle on which CCA may be claimed for business purposes.

  • The maximum allowable interest deduction for amounts borrowed to purchase an automobile will remain at $300 / month for loans related to vehicles acquired after 2016.

  • The limit on deductible leasing costs will remain at $800 / month (plus applicable federal and provincial sales taxes) for leases. This limit is one of two restrictions on the deduction of automobile lease payments. A separate restriction prorates deductible lease costs where the value of the vehicle exceeds the capital cost ceiling.
For more information about the 2017 Automobile Deduction Limits and Expense Benefit Rates, click here.

The CRA 2016 automobile limits and rates are as follows:

  • 54¢ per kilometre for the first 5,000 kilometres driven.

  • 48¢ per kilometre driven after that. ​
The CRA 2015 automobile rates are:
  • 55¢ per kilometre for the first 5,000 kilometres driven.
  • 49¢ per kilometre driven after that.

The CRA 2014 automobile rates are:
  • 54¢ per kilometre for the first 5,000 kilometres driven.
  • 48¢ per kilometre driven after that.
For more information about Automobile Deduction Limits and Expense Benefit Rates, click here.


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