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Industry News

IRS Cents per Mile rate to be 62.5¢ July 1st

For the first time in over a decade, the IRS has announced a new optional standard mileage rate of 62.5¢ for the rest of 2022 to reflect the rising...

Vehicle Reimbursement Programs

How Cardata reimburses for fuel expenses using data

Cardata uses regional data, based on drivers' zip codes, to reimburse accurately for gas prices. Our FAVR programs are agile and adapt to rising...

Vehicle Reimbursement Programs

What is a program standard vehicle?

A program standard vehicle is a car on which vehicle reimbursement programs are based. According to the IRS, they can cost up to $56,100.

Industry News

CRA sets new per kilometre rate for 2022

For Canadian employers, the new year brings a new per kilometre reimbursement rate. In 2022, the new Canada Revenue Agency rate is set at ¢61.

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