Canada Mileage Rate 2024. The cra has issued the mileage rate for 2024, applicable from january 1 until december 31, 2024. The cra automobile allowance rates for 2024 are:
In the northwest territories, yukon, and nunavut, there is an additional 4¢ per kilometre allowed for travel. The canada revenue agency has announced the new 2024 mileage rates:
70 Cents Per Kilometre For The First 5,000Km Driven.
The kilometric rates (payable in cents per kilometre) below are payable in canadian funds only.
The Rates Payable In Cents Per Kilometre For The Use Of Privately Owned Vehicles Driven On Authorized Government Business Travel Are Shown.
64¢ per kilometre driven after that.
The Standard Mileage Rate From Janury 1St, 2024 To December 31St, 2024 Is:
Images References :
Individuals With More Than $250,000 In Capital Gains Per Year.
64 cents per kilometre after that.
70¢ Per Kilometre For The First 5,000 Kilometres Driven.
Rates are reviewed on a quarterly basis.
The Cra Has Issued The Mileage Rate For 2024, Applicable From January 1 Until December 31, 2024.