Results 1 to 10 of 10
  1. #1
    Technician
    Join Date
    Jan 2017
    Location
    Peterborough
    Posts
    21
    Rep Power
    15

    whats everyone get per kilometer or mile

    i am in canada wondering what everyone is getting

  2. #2
    Service Manager 1,000+ Posts Gift's Avatar
    Join Date
    Mar 2011
    Location
    Gothenburg
    Posts
    2,279
    Rep Power
    85

    Re: whats everyone get per kilometer or mile

    Are you referring to using your private vehicle as company car?

    I think we have 0,3/km

  3. #3
    Technician
    Join Date
    Jan 2017
    Location
    Peterborough
    Posts
    21
    Rep Power
    15

    Re: whats everyone get per kilometer or mile

    Quote Originally Posted by Gift View Post
    Are you referring to using your private vehicle as company car?

    I think we have 0,3/km
    Yes as a tech getting per km charge

  4. #4
    Retired 10,000+ Posts
    whats everyone get per kilometer or mile

    slimslob's Avatar
    Join Date
    May 2013
    Location
    Bakersfield, CA
    Posts
    33,980
    Rep Power
    983

    Re: whats everyone get per kilometer or mile

    For those in the US, check the IRS information concerning what you can claim on your tax return. For those in any other country check with your equivalent of the IRS.

    If what your employer is paying is less you should be able to claim the difference. If what your employer is paying is more, you have to report the difference as income Keep accurate records.

  5. #5
    Service Manager 1,000+ Posts
    whats everyone get per kilometer or mile


    Join Date
    Feb 2010
    Posts
    1,981
    Rep Power
    74

    Re: whats everyone get per kilometer or mile

    Quote Originally Posted by slimslob View Post
    For those in the US, check the IRS information concerning what you can claim on your tax return. For those in any other country check with your equivalent of the IRS.

    If what your employer is paying is less you should be able to claim the difference. If what your employer is paying is more, you have to report the difference as income Keep accurate records.
    I was under the impression such itemized deductions were eliminated in the tax overhaul of 2017

  6. #6
    Retired 10,000+ Posts
    whats everyone get per kilometer or mile

    slimslob's Avatar
    Join Date
    May 2013
    Location
    Bakersfield, CA
    Posts
    33,980
    Rep Power
    983

    Re: whats everyone get per kilometer or mile

    Quote Originally Posted by JR2ALTA View Post
    I was under the impression such itemized deductions were eliminated in the tax overhaul of 2017
    IRS issues standard mileage rates for 2023; business use increases 3 cents per mile | Internal Revenue Service

  7. #7
    Service Manager 1,000+ Posts
    whats everyone get per kilometer or mile


    Join Date
    Feb 2010
    Posts
    1,981
    Rep Power
    74

    Re: whats everyone get per kilometer or mile

    • Beginning with tax year 2018, you can no longer deduct unreimbursed business expenses if you are an employee.

    Federal Tax Laws on Mileage Reimbursement - TurboTax Tax Tips & Videos


    I'll have to look into it. I think the IRS link you sent may be for business owners vs employees. Not sure, hope I haven't been screwing myself.

  8. #8
    Retired 10,000+ Posts
    whats everyone get per kilometer or mile

    slimslob's Avatar
    Join Date
    May 2013
    Location
    Bakersfield, CA
    Posts
    33,980
    Rep Power
    983

    Re: whats everyone get per kilometer or mile

    Quote Originally Posted by JR2ALTA View Post
    Beginning with tax year 2018, you can no longer deduct unreimbursed business expenses if you are an employee.

    Federal Tax Laws on Mileage Reimbursement - TurboTax Tax Tips & Videos


    I'll have to look into it. I think the IRS link you sent may be for business owners vs employees. Not sure, hope I haven't been screwing myself.
    I retired in 2017. Those are the guidelines for what employer should be paying.

  9. #9
    Service Manager 5,000+ Posts
    whats everyone get per kilometer or mile

    SalesServiceGuy's Avatar
    Join Date
    Dec 2009
    Location
    Nova Scotia
    Posts
    7,676
    Rep Power
    222

    Re: whats everyone get per kilometer or mile

    You might get a monthly car allowance of around $450.00 plus a km charge of around $0.250. That really barely covers your costs and I often have to add extra km just to break even.

    Or you might just receive a car allowance where you pay for everything.

    If you are just paid a km charge, it should be at least $0.370 per km.

    Both scenarios are calculated on your costs while driving your car during work hours and not to/from work. Often techs drive directly to their first call of the day from their home.

    It is certainly important to maintain a weekly vehicle expense log for both Revenue Canada purposes and as a tool to show your employer your actual costs in any attempt to ask for more compensation.

    Your total personal km should be recorded as not to exceed 16% of your total km to escape the attention of Revenue Canada.

    You can claim up to $600.00 per year for parking without receipts.

  10. #10
    Senior Tech 100+ Posts
    Join Date
    Nov 2008
    Location
    London
    Posts
    199
    Rep Power
    33

    Re: whats everyone get per kilometer or mile

    Well you said you are in Canada so you can check CRA for what they consider you should get per KM.It is 68c for the first 5000km I think and 63 c after.My nephew is getting 55c per km with seems ok.Sadly I dont even get close to that.If my car goes I think it might be time to retire .

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Get the Android App
click or scan for the Copytechnet Mobile App

-= -= -= -= -=


IDrive Remote Backup

Lunarpages Internet Solutions

Advertise on Copytechnet

Your Link Here