Cra Mileage Rate 2024 Ontario

Cra Mileage Rate 2024 Ontario. As of 2024, the cra will give back 70¢ per kilometre for the first 5,000 kilometres driven and 64¢ per kilometre after that. April 1, 2024 the kilometric rates (payable in cents per kilometre) below are payable in canadian funds only.

These rates vary based on the year and location. Using transportation during business operations in canada involves extra expenses, under which you can claim mileage rate reimbursements.