64¢ per kilometre driven after that in the northwest territories, yukon, and nunavut, there is an additional 4¢ per kilometre allowed for travel. The current rate for mileage in canada is 70¢ per kilometre for the first 5,000 kilometres driven.
Annual adjustment of mileage rates. 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.
The Automobile Allowance Rates For 2024 Are:
The current rate for mileage in canada.
The Cra Has Issued The Mileage Rate For 2024, Applicable From January 1 Until December 31, 2024.
If you live in nunavut, northwest.
Images References :
This Year’s General Tax Filing Deadline Is April 30, 2024.
The current rate for mileage in canada is 70¢ per kilometre for the first 5,000 kilometres driven.
The Kilometric Rates (Payable In Cents Per Kilometre) Below Are Payable In Canadian Funds Only.
The rates for 2024 will be available on our website in 2025.