2023 Automobile Benefits Online Calculator (ABOC) available

Elliot Ngai
Elliot Ngai

The Canada Revenue Agency (CRA) has published the 2023 online automobile benefits (ABOC).

ABOC is an online tool that helps employers calculate the estimated automobile benefit for employees (including shareholders) and determines the amount of benefit that has to be included in the employee’s income and reported on a T4 or T4A slip.

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