2024 Mileage Rate Canada Calculator

2024 Mileage Rate Canada Calculator. ‍ to calculate mileage reimbursement, check out our handy cra mileage reimbursement calculator. The rates payable in cents per kilometre for the use of privately owned vehicles driven on authorized government business travel are shown below:.

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 increasing to 70. The ceiling for capital cost allowances (cca) for class 10.1 passenger vehicles will increase.