2024 Mileage Rate Canada Cra

2024 Mileage Rate Canada Cra. The canadian revenue agency (cra) mileage rate for the year 2023 has been set at 68 cents per kilometre for. The cra mileage rate for 2024 is set at 70 cents for the first initial 5,000 kilometers and 64 cents for each subsequent kilometer.


2024 Mileage Rate Canada Cra

From the cra’s official website, the 2024 automobile allowance rates are: The rate is set to rise by two cents, reaching 70 cents per kilometre for the first 5,000 kilometres driven, and 64 cents for each additional kilometre.

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