2024 Mileage Rates Cra. Cra vehicle (automobile) allowance rates for 2024: Rates are reviewed on a quarterly basis.
64 cents per kilometre after that. The cra mileage rate is the amount per kilometre that the cra allows taxpayers to deduct from their taxes for.
70 Cents Per Kilometre For The First 5000 Km Driven.
The cra has issued the mileage rate for 2024, applicable from january 1 until december 31, 2024.
Cra Sets Reasonable Rates Each Year.
If you drive in the northwest territories, yukon or.
2024 Mileage Rates Cra Images References :
Government Announces The 2024 Automobile Deduction Limits And Expense Benefit Rates For Businesses.
$0.70 per kilometer for the first.
The Mileage Allowance Is 70 Cents For The First 5,000.
Reasonable allowances rate calculation (prescribed rates per kilometre from section 7306 of the itr) fixed rate calculation, if all.