Ontario Mileage Rates 2024. The cra mileage rate for 2024. 70 cents per km for the first 5000 km driven, up two cents from last year's rate.


Ontario Mileage Rates 2024

The rates payable in cents per kilometre for the use of privately owned vehicles driven on. 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.

Rates Are Payable In Canadian Funds Only.

64 cents per kilometre after that.

70 Cents Per Km For The First 5000 Km Driven, Up Two Cents From Last Year's Rate.

The cra automobile allowance rates for 2024 are:

The Mileage Allowance Is 70 Cents For The First 5,000.

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The Kilometric Rates (Payable In Cents Per Kilometre) Below Are Payable In Canadian Funds Only.

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

64ยข Per Kilometre Driven After That In The Northwest Territories, Yukon, And.

If you look at the average annual.

The Mileage Allowance Is 70 Cents For The First 5,000.