Since contributions to CRAs are taken out pre-tax, no payroll taxes are due on the amounts employees contribute to the CRA.
Helping employees save money on their everyday commuting costs can aid in employee retention and recruitment.
The Client Relationship Team is here to answer questions and provide assistance.
What expenses are eligible for reimbursement?
Eligible expenses include any mass transit pass, token, fare card, or voucher for getting to and from work, including: Subway, bus, ferry, streetcar, light rail, train and vanpool.
Eligible parking expenses include employees parking their vehicle in a parking garage or lot on or near the business premises or to park their vehicle at a location from which they commute to work by (a) mass transit facilities, (b) a commuter highway vehicle, or (c) carpool.
uberPOOL and Lyft Line rides to and from work.
What is not eligible?
- Expenses incurred traveling from work to business or client meetings.
- Fuel, mileage or other costs incurred to operate a personal vehicle or taxi.
- Tunnel, bridge or highway tolls (EZ pass).