News and Insights

Revenue Quebec Issues Updated Guide for Taxable Benefits 

Tax Development Feb 07, 2014

Revenue Quebec recently issued IN-253-V, “Taxable Benefits 2013” to assist employers in the completion of RL-1 slips for employees who receive taxable benefits.

In addition to providing some general information, this guide includes details on the following benefits:

  • motor vehicles;
  • contributions (or premiums) paid to insurance plans;
  • board, lodging, transportation and meals;
  • travel expenses; and
  • other benefits.

The main changes for 2013 include:

  • allowance for the use of a motor vehicle – increased to $0.54 for the first 5,000 kilometres and $0.48 for each additional kilometre; and
  • operating costs benefit related to an automobile made available to an employee – increased to $0.27 per kilometer for calculating the benefit ($0.24 per kilometer for employees engaged principally in selling or leasing automobiles).