2024 Mileage Reimbursement Rate Canada. As of 2024, the cra will give back 70¢ per kilometre for the first 5,000 kilometres driven and 64¢ per kilometre after that. 64¢ per kilometre over 5,000 kilometres.


2024 Mileage Reimbursement Rate Canada

70 cents per kilometre for the first 5,000km driven. Recommendations discussed include adjusting the reimbursement rate for 2024 based on the department of finance canada annual publication on automobile.

Rates Are Reviewed On A Quarterly Basis.

The general prescribed rate used to determine the taxable benefit of employees relating to the personal portion of automobile expenses paid by their.

If You Drive In The Northwest Territories, Yukon Or.

The kilometric rates (payable in cents per kilometre) will be used for the application of the directive on.

2024 Mileage Reimbursement Rate Canada Images References :

70 Cents Per Kilometre For The First 5000 Km Driven;

If you are an employer, go to automobile and motor.

Meal And Vehicle Rates Used To Calculate Travel Expenses.

70¢ per kilometre for the first 5,000 kilometres.

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