Automobile Benefit Calculator

Know Your Taxable
Automobile Benefit

Enter your vehicle details and kilometres driven. Standby charge and operating benefit calculate instantly using CRA rates.

Greywood
Advisory

Automobile Benefit · 2026CRA Calculator

01

Vehicle

Owned or leased by employer
Original cost including HST/GST
$
Months available Months vehicle was available for personal use
12
02

Kilometres Driven

For the year
All km, personal and business combined
km
Commuting counts as personal use
km
Business kilometres Calculated: total minus personal
0 km
03

Operating Costs

Taxable benefit
Automobile Benefit — CRA 2026
Benefit breakdown
Standby charge2% × cost × months (owned)
$0.00
Operating cost benefit
$0.00
Total benefit $0.00
Estimate only, using 2026 CRA rates ($0.34/km operating). Reduced standby charge requires >50% business use and personal km ≤ 20,004/year. Confirm with your adviser before filing.
London, Ontario greywoodadvisory.ca