On December 6th, the parameters for these items were announced. These pertain to important information regarding your company's accounting for your vehicles and the calculation of taxable benefits.

Foss National Leasing has a Taxable Benefit Processing product that can reduce your workload each year. This product also includes a web based application where all your fleet drivers can record their personal and business kilometres each month, reducing the chore of compiling this information at the last minute. If you would like more information about our Taxable Benefit Processing product please contact your Foss National Account team or contact us at 1.800.461.3677.

Please click on this link to download this bulletin provided courtesy of the Canadian Finance & Leasing Association.
To view the memo, Click Here

If you cannot see the PDF file, please visit www.adobe.com and download Acrobat for free.