Current Mileage Rate For 2024 In Canada

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Current Mileage Rate For 2024 In Canada. 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 are an employer, go to automobile and motor vehicle allowances.


Current Mileage Rate For 2024 In Canada

The current cra mileage rates for 2024 are: In its most recent rate announcement on april 10, 2024, the bank of canada once again decided to hold its key.

The Automobile Allowance Rates For 2024 Are:

The mileage allowance is 70 cents for the first 5,000.

The Mileage Reimbursement Rate Is Increasing By 2 Cents In 2024 To $0.67/Km.

70 cents per kilometre for the first 5000 km driven.

64 Cents Per Kilometre After That.

Images References :

64¢ Per Kilometre Over 5,000 Kilometres.

If you drive in the northwest territories, yukon or.

If You Are An Employer, Go To Automobile And Motor Vehicle Allowances.

The mileage reimbursement rate is increasing by 2 cents in 2024 to $0.67/km.

The Standard Mileage Rate From Janury 1St, 2024 To December 31St, 2024 Is:

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