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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
- CRA Mileage Rate 2023 - Official per Kilometre Rates
The 2023 Ontario mileage rates are 68 cents per kilometre...
- How to Calculate Mileage Reimbursement in Canada
Calculate your mileage reimbursement by multiplying your...
- CRA Mileage Rate 2023 - Official per Kilometre Rates
To calculate meal and vehicle expenses, you may choose the detailed or simplified method. Your total travel expenses equal the total of the value of travel assistance provided by your employer and the travel expenses incurred by you. Include any travel expenses paid by your employer.
10 sty 2023 · The kilometric rate payable when a Canadian registered vehicle is driven in more than one province or in the USA shall be the rate applicable to the province or territory of registration of the vehicle. Date modified: 2023-01-10.
17 kwi 2024 · The 2023 Ontario mileage rates are 68 cents per kilometre for the first 5,000 km driven and 62 cents per km after that. Looking for the 2024 CRA mileage rates? For this year, the Canadian Revenue Agency updated the rates to 70 cents for the first 5,000 km, and 64 cents per km after that.
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.
1 lip 2023 · Effective: July 1, 2023. 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.
Our automatic mileage tracking app does the work for you so you can earn big savings on your automobile deduction. For 2023, the Department of Finance Canada made some notable changes to the automobile income tax deduction limits and expense benefit rates. Here’s a look at how those changes will impact you.
