Mancubus

I.E. if my employer gives me a monthly car allowance, is this taxable in Ontario or will I get the full amount from my employer? If yes, is there a way to structure it so that I can keep the governments hands off my money?

XSQRD

it is 100% deductble for the empoyer, AND it calculates as income for you...

Mancubus

Hrm...maybe I should ask for more then :P Anyone know any loopholes I can exploit?

1.8TQ99.5

It's a taxable benefit, yes. Same if they give you a car, or pay for your rent.

XSQRD

for that you will need letter from employer.

JScottC

Your employer has to sign a T-2200 (I think) stipulating that you must use your own car in your job.