Reimbursement For Mileage 2024 Canada. 70 cents per kilometer for the first 5,000 kilometers. 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. Today, the department of finance canada announced the automobile income tax deduction limits.
The Cra Has Issued The Mileage Rate For 2024, Applicable From January 1 Until December 31, 2024.
Mileage reimbursement can benefit both employees and business owners.
The Rates Payable In Cents Per Kilometre For The Use Of Privately Owned Vehicles Driven On Authorized Government Business Travel Are Shown.
The cra mileage rate in 2024 is set to:
For Employees, It Provides Compensation When They Put Their Personal Vehicle To Business Use.
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Meal And Vehicle Rates For Previous Years Are.
64ยข per kilometre driven after that.
For Employees, It Provides Compensation When They Put Their Personal Vehicle To Business Use.
The 2024 mileage reimbursement rate.