The rates for 2024 will be available on our website in 2025. The mileage reimbursement rate for 2024 will be adjusted to reflect the new rate determined by the department of finance canada annual publication which is a per.
The following changes to limits and rates will take effect as of january 1, 2024: 64 cents per kilometre after that.
The Ceiling For Capital Cost Allowances (Cca) For Class 10.1 Passenger Vehicles.
70 cents per km for the first 5000 km driven, up two cents from last year's rate.
This Reimbursement Also Provides A Tax Benefit For The.
The rates for 2024 will be available on our website in 2025.
Images References :
The Updated Cra Mileage Rates For 2024 Carry Significant Implications For Both Business Owners And Employees In Canada.
The canada revenue agency has announced the new 2024 mileage rates:
64ยข Per Kilometre Driven After That In The Northwest Territories, Yukon,.
Effective april 1, 2024 the rates payable in cents per kilometre for the use of privately owned vehicles driven on authorized government business travel are shown below:.
