2012 automobile benefits calculator online

Allows payroll professionals to calculate the estimated auto benefit for withholding purposes on the web
|payroll-reporter.com|Last Updated: 01/23/2012

The 2012 automobile benefits online calculator is now available on the Canada Revenue Agency (CRA) website.

The calculator allows payroll professionals to calculate the estimated automobile benefit for withholding purposes based on the information you provide. The CRA does not retain any of the data provided to complete the calculation, the agency said.

Users should clear their browser cache after they have completed their calculations. The information may be stored in that browser cache and could be compromised by others if the browser cache is not cleared, the CRA said.

The calculator asks questions 12 questions to determine the estimated benefit for 2012, including questions about usage, reimbursements and operating costs.

To access the calculator visit: http://www.cra-arc.gc.ca/autobenefits-calculator/?utm_source=payroll_deductions&utm_medium=eml

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