Canadian Mileage Reimbursement Rate 2024. The rate is set to rise by two cents, reaching 70 cents per kilometre for the first 5,000 kilometres driven, and 64 cents for each additional kilometre. Keep in mind, if you’re driving in the northwest territories, yukon, and nunavut, there is an additional.
70 cents per kilometre for the first 5,000km driven. The kilometric rates (payable in cents per kilometre) below are payable in canadian funds only.
The Canada Revenue Agency Has Announced The New 2024 Mileage Rates:
70¢ per kilometre for the first 5,000 kilometres;
The Cra Mileage Rate In 2024 Is Set At 70 Cents For The Initial 5,000 Kilometers And 64 Cents For Each Subsequent Kilometer.
The rate is set to rise by two cents, reaching 70 cents per kilometre for the first 5,000 kilometres driven, and 64 cents for each additional kilometre.
Canadian Mileage Reimbursement Rate 2024 Images References :
If You Choose The Detailed Method To Calculate Meal Expenses, You Must Keep Your Receipts And Claim The Actual Amount That You Spent.
The 2024 mileage reimbursement rate in canada is:.
In 2024, The Cra Has Updated Its Mileage Rates To 70 Cents Per Kilometre For The First 5,000 Kilometres Driven And 64 Cents Thereafter.
The kilometric rates (payable in cents per kilometre) below are payable in canadian funds only.