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Explain the difference between a car allowance and an automobile benefit and the difference in the taxation differences. Explain and identify the various group benefits

  • Explain the difference between a car allowance and an automobile benefit and the difference in the taxation differences.
  • Explain and identify the various group benefits and which are taxable in which provinces and by which sales tax component.
  • Explain the various types of benefits and employer can provide an employer and how they impact the employees pay.

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1 Car Allowance vs Automobile Benefit Car Allowance This is a fixed amount of money that an employer gives to an employee to cover the costs associate... blur-text-image

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