webTOD ABC - Free Canadian Automobile Benefits Calculator

	webTOD ABC - Canadian Automobile Benefits Calculator

ver 2006.1.0 effective tax years 2004-2006


		Employer-Owned		Employer-Leased		Employee-Selling/Leasing

Select Tax Year:

Employee Information
(optional)

Automobile
Costs


Avg cost of ALL automobiles acquired for sale/lease during year:
Avg cost of all NEW automobiles acquired for sale/lease during year:

Note: Total cost includes PST & GST or HST, but excludes insurance costs.

Operating
Costs


Employee reimburses 100% of operating expenses attributable to personal use no later than 45 days after year-end:	Yes No

Employee has filed written notice electing to use alternative method of calculating operating cost benefit (one-half of standby charge):	Yes No

Use &
Availability


Total kilometers driven during the year:
Business-use kilometers during the year:
Personal-use kilometers during the year:
Total days available during the year:

Reimburse-
ments


Amounts the employee reimbursed the employer in the year or within 45 days after the year-end.
For standby charge:
For operating costs:

Calculations based on Canada Revenue Agency publication T4130 - Employer's Guide: Taxable Benefits