Mileage Rate 2024 Cra. Our free mileage reimbursement calculator for canada automatically applies the current 2024 cra. The cra has issued the mileage rate for 2024, applicable from january 1 until december 31, 2024.
Our free mileage reimbursement calculator for canada automatically applies the current 2024 cra. Rates are reviewed on a quarterly basis.
The Following Changes To Limits And Rates Will Take Effect As Of January 1, 2024:
These rates are guided and established by the national joint council (njc) and adopted by the canada.
70 Cents Per Kilometre For The First 5000 Km Driven.
โ the cra mileage rate in 2024 is set at 70 cents for the initial 5,000 kilometers and 64 cents for each subsequent kilometer.
Mileage Rate 2024 Cra Images References :
You May Provide An Allowance Or A Reimbursement To Your Employee To Compensate For Use Of Their Automobile Or Motor Vehicle In Connection With Or In The Course Of Their Office Or.
The cra automobile allowance rates for 2024 are:
70ยข Per Kilometre For The First 5,000 Kilometres.
