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Automobile Allowance Limits for 2019 — Deductible Allowance Increases Three Cents

Automobile Allowance Limits for 2019

Two notable changes in 2019

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Finance announced two changes to the income tax deduction limits and expense benefit rates on automobiles used for business purposes in 2019.

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Information is current to January 8, 2019. The information contained in this publication is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavour to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act upon such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's National Tax Centre at 416.777.8500

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