Mileage Allowance 2024 Canada. The current cra mileage rates for 2024 are: As of 2024, the cra will give back 70¢ per kilometre for the first 5,000 kilometres driven and 64¢ per kilometre after that.
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. If you choose the simplified method,.
The Northwest Territories, Yukon, And.
An additional 4¢ per kilometre in the.
If You Live In Nunavut, Northwest Territories Or.
From the cra’s official website, the 2024 automobile allowance rates are:
Mileage Allowance 2024 Canada Images References :
An Additional 4¢ Per Kilometre In The.
The kilometric rates (payable in cents per kilometre) below are payable in canadian funds only.
70 Cents Per Kilometre For The First 5,000Km Driven.