Cra Mileage Rate 2024 Ontario

Cra Mileage Rate 2024 Ontario. 70 cents per kilometre for the first 5,000km driven. The cra mileage rate for 2024.


Cra Mileage Rate 2024 Ontario

The cra mileage rate in 2024 is set to: 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 Kilometric Rates (Payable In Cents Per Kilometre) Below Are Payable In Canadian Funds Only.

70 cents per kilometer for the first 5,000 kilometers.

The 2023 Cra Mileage Rates Are 68ยข Per Km For The First 5,000 Kilometres Driven And 62ยข Per Km After That.

64 cents per kilometre after that.

64 Cents Per Kilometre After That.

Images References :

What Is The 2024 Cra Automobile Allowance (Mileage) Rate?

These rates vary based on the year and location.

The Rates Payable In Cents Per Kilometre For The Use Of Privately Owned Vehicles Driven On Authorized Government Business Travel Are Shown Below:

If you drive in the northwest territories, yukon or.

The Mileage Allowance Is 70 Cents For The First 5,000 Kilometres.