2024 Mileage Rate Canada Cra

2024 Mileage Rate Canada Cra. Deduction limits and rates for 2024 applicable to the use of an automobile. As of 2024, the cra will give back 70¢ per kilometre for the first 5,000 kilometres driven and 64¢ per kilometre after that.

 — the general prescribed rate used to determine the taxable benefit of employees relating to the personal portion of automobile expenses paid by their. If you drive in the northwest territories, yukon or.