Mileage Rate 2024 Ontario. 70 cents per kilometre for the first 5,000km driven. When public transportation is not available and a personal vehicle is used, payment is made at the approved mileage rate.
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64 cents per kilometre after that.
Since This Does Not Meet The Reasonable Rate According To The Cra ($0.58/Km), Do I Claim The Difference On My.
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.
The Rates Payable In Cents Per Kilometre For The Use Of Privately.
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70 Cents Per Km For The First 5000 Km Driven, Up Two Cents From Last Year's Rate.
The rates payable in cents per kilometre for the use of privately owned vehicles driven.
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April 18, 2024 2:39 am.
The Mileage Allowance Is 70 Cents For The First 5,000.