64 cents per kilometer for each additional kilometer. The rates payable in cents per kilometre for the use of privately owned vehicles driven on authorized government business travel are shown below:
68 cents per kilometer for each additional kilometer. 68¢ per kilometre for the first 5,000 kilometres driven.
70 Cents Per Kilometer For The First 5,000 Kilometers.
The cra mileage rate in 2024 is set to:
After 5,000 Km, The Rate Decreases To 64 Cents Per Kilometre.
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 increasing to 70 cents per kilometre for the first 5,000 kilometers driven.
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Do You Know What The Mileage Compliance Laws Are In Canada For 2024?
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 Are An Employer, Go To Automobile And Motor Vehicle Allowances.
After 5,000 km, the rate decreases to 64 cents per kilometre.