Search results
1 lip 2024 · Effective: July 1, 2024. The kilometric rates (payable in cents per kilometre) below are payable in Canadian funds only. Rates are reviewed on a quarterly basis. These rates are guided and established by the National Joint Council (NJC) and adopted by the Canada Revenue Agency for application of the Directive on Travel.
6 cze 2024 · Use the mileage calculator below to get an overview of how much you can receive as vehicle mileage reimbursement or deduction from the CRA for the year based on your work-related kilometres. CRA mileage calculator
18 sty 2024 · Current CRA mileage rate. The 2024 CRA mileage rate for business-related driving is 70 cents per km for the first 5,000 kilometres driven, then 64 cents for each additional kilometre. For the Territories, 74 cents per km for the first 5,000 kilometres driven, and 68 cents for each additional kilometre
Reasonable allowance rates. For 2024, they are: 70¢ per kilometre for the first 5,000 kilometres driven; 64¢ per kilometre driven after that; In the Northwest Territories, Yukon, and Nunavut, there is an additional 4¢ per kilometer allowed for travel. For prior-year rates, see Automobile allowance rates.
13 maj 2024 · Calculate your mileage reimbursement by multiplying your business-related kilometres with the CRA mileage rate for 2024 - 70 cents for the first 5,000 km. After 5,000 km, the rate decreases to 64 cents per kilometre.
55¢ per kilometre driven after that. In the Northwest Territories, Yukon, and Nunavut, there is an additional 4¢ per kilometre allowed for travel. The automobile allowance rates for 2021 were: 59¢ per kilometre for the first 5,000 kilometres driven. 53¢ per kilometre driven after that.
To calculate your mileage deduction using the simple method, you need the CRA rate accessible. The CRA automobile allowance rates for 2024 include: 70 cents per km for the first 5,000 kilometres driven, and 64 cents for each additional kilometre.
