2024 Mileage Reimbursement Rate Ontario. The canada revenue agency has announced the new 2024 mileage rates: The 2024 mileage reimbursement rate in canada is:
67 cents per mile for business purposes; 70 cents per kilometre for the first 5000 km driven;
Chair And Members Finance Committee.
70 cents per km for the first 5000 km driven, up two cents from last year's rate.
Travel, Meal And Hospitality Expenses Directive.
The 2024 cra mileage rate in ontario is set to 70 cents per kilometer for the first 5,000 kilometers driven and 64 cents for.
If You Are An Employer, Go To Automobile And Motor Vehicle Allowances.
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Government Employees, Elected Officials And Others Engaged In Work For The Government Can Claim โ And Be Reimbursed For โ Necessary Travel, Meal.
If you are an employer, go to automobile and motor vehicle allowances.
64ยข Per Kilometre Driven After That In The Northwest Territories, Yukon, And Nunavut, There Is An Additional 4ยข Per Kilometre Allowed For Travel.
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.