What is the cra mileage rate 2024 and how is it calculated? 64¢ per kilometre driven after that.
Here’s a breakdown of the recent. The canada revenue agency has announced the new 2024 mileage rates:
The Department Of Finance Announced The Automobile Expense Deduction Limits And The Prescribed Rates For Automobile Operating Expense Benefits That Will Apply.
70 cents per km for the first 5000 km driven, up two cents from last year's rate.
If You Are An Employer, Go To Automobile And Motor.
The cra mileage rate in 2024 is set to:
Images References :
The Following Changes To Limits And Rates Will Take Effect As Of January 1, 2024:
The kilometric rates (payable in cents per kilometre) will be used for the application of the.
The Ceiling For Capital Cost Allowances (Cca) For Class 10.1 Passenger Vehicles.