The mileage rate will be updated annually to be in alignment with the canada revenue agency (cra) prescribed rate. 64 cents per kilometre after that.
The kilometric rates (payable in cents per kilometre) below are payable in canadian funds only. 64 cents per kilometre after that.
The Canada Revenue Agency Has Announced The New 2024 Mileage Rates:
The cra has issued the mileage rate for 2024, applicable.
The Kilometric Rates (Payable In Cents Per Kilometre) Below Are Payable In Canadian Funds Only.
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.
Images References :
Today You Will Know What Cra Mileage Rate 2024 Is And How Much It Will Be For Medical Travel.
From the cra’s official website , the 2024 automobile allowance rates are:
The Kilometric Rates (Payable In Cents Per Kilometre) Below Are Payable In Canadian Funds Only.
The canada revenue agency has announced the new 2024 mileage rates: