Mileage Allowance 2024 Cra
70¢ per kilometre for the first 5,000 kilometres. 64¢ per kilometre driven after that.
This page is for employers who provide their employees with an automobile allowance. $0.70 per kilometer for the first.
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.
70¢ per kilometre for the first 5,000km driven.
From The Cra’s Official Website, The 2024 Automobile Allowance Rates Are:
See the related links to determine if the allowance is taxable and the necessary reporting.
Images References :
In The Northwest Territories, Yukon, And Nunavut, There Is An Additional 4¢ Per Kilometre Allowed For Travel.
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.
If You Drive In The Northwest Territories, Yukon Or.
64¢ per kilometre after that.
