2024 Mileage Rate Canada. Rates are reviewed on a quarterly basis. The kilometric rates (payable in cents per kilometre) will be used for the application of the.
The rate is set to rise by two cents, reaching 70 cents per kilometre for the first 5,000 kilometres driven, and 64 cents for each additional kilometre. Understanding and effectively applying these rates.
The Cra Has Issued The Mileage Rate For 2024, Applicable From January 1 Until December 31, 2024.
$0.70 per kilometer for the first.
Rates Are Reviewed On A Quarterly Basis.
64 cents per kilometre after that;
2024 Mileage Rate Canada Images References :
The Kilometric Rates (Payable In Cents Per Kilometre) Below Are Payable In Canadian Funds Only.
The general prescribed rate used to determine the taxable benefit of employees relating to the personal portion of automobile expenses paid by their.
The Kilometric Rates (Payable In Cents Per Kilometre) Will Be Used For The Application Of The.
70 cents per km for the first 5000 km driven, up two cents from last year’s rate.
