Mileage Rate In Canada 2024. 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. The cra has issued the mileage rate for 2024, applicable from january 1 until december 31, 2024.
70 cents per km for the first 5000 km driven, up two cents from last year’s rate. From the cra’s official website , the 2024 automobile allowance rates are:
The Canada Revenue Agency Has Announced The New 2024 Mileage Rates:
70 cents per kilometre for the first 5000 km driven;
Currently, The Kilometric Rate Is Set At $0.70/Km (2024)For.
The fixed rate for 2024 is 33¢ per kilometre of personal use (including gst/hst and pst).
70¢ Per Kilometre For The First 5,000 Kilometres Driven;
Images References :
The Cra Announces 2024 Rates For Vehicle Allowance:
What is the kilometre rate for 2024?
The Standard Mileage Rate From Janury 1St, 2024 To December 31St, 2024 Is:
The canada revenue agency (cra) sets a mileage rate for business travel for automobile and bicycle use.