Mileage Rate For 2024 Canada

Mileage Rate For 2024 Canada. April 1, 2024 the kilometric rates (payable in cents per kilometre) below are payable in canadian funds only. 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 increasing to 70 cents per kilometre for the first 5,000 kilometers driven.


Mileage Rate For 2024 Canada

You can find the reasonable automobile mileage rates for prior years here. The kilometric rate payable when a canadian registered vehicle is driven on government business travel in more.

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