2024 Mileage Rate Canada. The kilometric rates (payable in cents per kilometre) below are payable in canadian funds only. Looking for the 2024 cra mileage rates?
70¢ per kilometre for the first 5,000km driven. In 2024, the cra has updated its mileage rates to 70 cents per kilometre for the first 5,000 kilometres driven and 64 cents thereafter.
Today, The Honourable Chrystia Freeland, Deputy Prime Minister And Minister Of Finance, Tabled The Notice Of.
In a significant move that will impact businesses across the nation, the department of finance canada has announced changes to the deductible mileage rates.
The Automobile Allowance Rates For 2024 Are:
70¢ per kilometre for the first 5,000km driven.
64¢ Per Kilometre After That.
Images References :
70 Cents Per Kilometre For The First 5000 Km Driven.
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.
64¢ Per Kilometre Driven After That.
70¢ per kilometre for the first 5,000 kilometres driven.
The Kilometric Rates (Payable In Cents Per Kilometre) Below Are Payable In Canadian Funds Only.