70¢ per kilometre for the first 5,000 kilometres driven. Cra vehicle (automobile) allowance rates for 2024:
As we enter 2024, understanding these rates and their. My account is a secure portal that lets you view your personal income tax and benefit information and manage your tax affairs online.
The Kilometric Rates (Payable In Cents Per Kilometre) Below Are Payable In Canadian Funds Only.
If the employee's main source of employment is selling or leasing.
The General Prescribed Rate Used To Determine The Taxable Benefit Of Employees Relating To The Personal Portion Of Automobile Expenses Paid By Their.
From the cra’s official website , the 2024 automobile allowance rates are:
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70 Cents Per Km For The First 5000 Km Driven, Up Two Cents From Last Year's Rate.
2024 mileage rate canada cra’s 2024 automobile allowance rates for all provinces:
What Is The 2024 Cra Automobile Allowance (Mileage) Rate?
If you need to receive medical care, you may be able to deduct medical travel expenses for your medical mileage.