2024 Mileage Rate Cra. 64¢ per kilometre after that. 64¢ per kilometre driven after that.
Rates are payable in canadian funds only. 64¢ per kilometre driven after that in the northwest territories, yukon, and nunavut, there is an additional 4¢ per kilometre allowed for travel.
The Rates Payable In Cents Per Kilometre For The Use Of Privately Owned Vehicles Driven On Authorized Government Business Travel Are Shown Below:
How you can use the 2024 cra mileage rate.
Rates Are Reviewed On A Quarterly Basis.
For 2024, the department of finance canada made some notable changes to the automobile income tax deduction limits and mileage rates, with the initial mileage rate.
The Table Of Rates For The 2024 Income Year.
Images References :
70 Cents Per Kilometer For The First 5,000 Kilometers.
The current cra mileage rates for 2024 are:
The 2024 Cra Mileage Rates Are 70 Cents Per Kilometre For The First 5,000 Km, And 64 Cents Per Km After That.
How you can use the 2024 cra mileage rate.
When Your Employees Fill Out Their Income Tax And Benefit Return, They Do Not Include This Allowance In Income.