Mileage Reimbursement Rate 2024 Canada

Mileage Reimbursement Rate 2024 Canada

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.


Mileage Reimbursement Rate 2024 Canada

64 cents per kilometer for each additional kilometer. The cra has issued the mileage rate for 2024, applicable from january 1 until december 31, 2024.

64 Cents Per Kilometer For Each Additional Kilometer.

If you need to receive medical care, you may be able to deduct medical travel expenses for your medical mileage.

If You Drive In The Northwest Territories, Yukon Or.

The cra automobile allowance rates for 2024 are:

Images References :

The General Prescribed Rate Used To Determine The Taxable Benefit Of Employees Relating To The Personal Portion Of Automobile Expenses Paid By Their.

Meal and vehicle rates used to calculate travel expenses.

Understanding And Effectively Applying These Rates.

70 cents per km for the first 5000 km driven, up two cents from last year’s rate.