2024 Mileage Reimbursement Rate Canada. 64¢ per kilometre driven after that in the northwest territories, yukon, and nunavut, there is an additional 4¢ per kilometre allowed for travel. If you are an employer, go to automobile and motor vehicle allowances.
The rates for 2024 will be available on our website in 2025. The 2024 cra mileage rate in ontario is set to 70 cents per kilometer for the first 5,000 kilometers driven and 64 cents for each additional kilometer, the same as in other parts.
The General Prescribed Rate Used To Determine The Taxable Benefit Of Employees Relating To The Personal Portion Of Automobile Expenses Paid By Their.
Understanding and effectively applying these rates.
The 2024 Cra Mileage Rate In Ontario Is Set To 70 Cents Per Kilometer For The First 5,000 Kilometers Driven And 64 Cents For Each Additional Kilometer, The Same As In Other Parts.
The mileage allowance is 70 cents for the first 5,000.
The Cra Revises The Official Mileage Rates Every Year.
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The General Prescribed Rate Used To Determine The Taxable Benefit Of Employees Relating To The Personal Portion Of Automobile Expenses Paid By Their.
The kilometric rates (payable in cents per kilometre) below are payable in canadian funds only.
Meal And Vehicle Rates For Previous Years Are.
The cra has issued the mileage rate for 2024, applicable from january 1 until december 31, 2024.
The Mileage Allowance Is 70 Cents For The First 5,000.