Canada Mileage Reimbursement 2024. This page is for employers who provide their employees with an automobile allowance. The canada revenue agency has announced the new 2024 mileage rates:
The automobile allowance rates for 2024 are: Meal and vehicle rates used to calculate travel expenses for 2023.
Rates Are Reviewed On A Quarterly Basis.
The mileage reimbursement rate for 2024 will be adjusted to reflect the new rate determined by the department of finance canada annual publication which is a per.
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.
If you are an employer, go to automobile and motor.
70 Cents Per Kilometer For The First 5,000 Kilometers.
Images References :
What Is The Cra Mileage Allowance?
As we show you the simple calculations that will help.
70¢ Per Kilometre For The First 5,000 Kilometres Driven.
This page is for employers who provide their employees with an automobile allowance.
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