Revenue Canada Mileage Rate 2024

Revenue Canada Mileage Rate 2024. Alternatively, i can use my own car with irs mileage reimbursement (2024 rate: The general prescribed rate used to determine the taxable benefit of employees relating to the personal portion of automobile expenses paid by their.

As of 2024, the cra will give back 70¢ per kilometre for the first 5,000 kilometres driven and 64¢ per kilometre after that. 64 cents per kilometer for each additional kilometer.