CRA increases the presumptively reasonable overtime or travel meal allowance from $17 to $23
CRA today announced that it:
has increased the amount that employers can use to determine whether an overtime meal or allowance, or the meal portion of a travel allowance is taxable, from $17 to $23. The CRA has also increased the rate at which transport employees and other individuals can claim meal expenses, using the simplified method (a flat rate per person), from $17 to $23 per meal. These increases are effective immediately and retroactive to January 1, 2020.
Neal Armstrong. Summary of “Canada Revenue Agency increases flat rate amount for meal claims, and reasonable amount for meal benefits and allowances” 3 September 2020 CRA Press Release under s. 6(1)(b)(vii).