Canada Revenue Agency Mileage Rate 2024. The cra mileage rae for the first 5000 kilometer will be 68¢. The canada revenue agency has announced the new 2024 mileage rates:
The cra announces 2024 rates for vehicle allowance: The cra automobile allowance rates for 2024 are:
70¢ Per Kilometre For The First 5,000 Kilometres Driven.
64¢ per kilometre driven after that.
The Cra Mileage Rate For 2024.
The standard mileage rate from janury 1st, 2024 to december 31st, 2024 is:
In The Northwest Territories, Yukon, And Nunavut, There Is An Additional 4¢ Per Kilometre Allowed For Travel.
Images References :
70¢ Per Kilometre For The First 5,000 Kilometres Driven.
Here’s a breakdown of the recent.
If You Are An Employer, Go To Automobile And Motor Vehicle Allowances.
70 cents per kilometre for the first 5,000km driven.
The General Prescribed Rate For Determining The Taxable Benefit Of Employees Related To The Personal Portion Of Automobile Expenses Paid By Their Employers Will.