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To determine the amount you can claim for vehicle expenses, multiply the number of kilometres by the cents/km rate from the chart below for the province or territory in which the travel begins. Table of 2023 kilometre rates for the province or territory. Date modified: 2024-01-23.
1 sty 2021 · Appendix A: CRA Kilometric Rates. Effective: January 1, 2021. The kilometric rates (payable in cents per kilometre) will be used for the application of the Directive on Travel. Rates are payable in Canadian funds only.
The CRA generally considers a value of up to $23 for the meal portion of the travel allowance to be reasonable. This means that you do not have to include this type of travel allowance if its main reason is so that your employee's duties are performed in a more efficient way during a work shift. For examples of situations where a travel ...
Effective: January 1, 2022. The kilometric rates (payable in cents per kilometre) will be used for the application of the Directive on Travel. Rates are payable in Canadian funds only. Rates are reviewed on a quarterly basis effective January 1st of every year. Notes: Rates are payable in Canadian funds only.
13 maj 2024 · Mileage reimbursement calculator. Quick guide to our simple calculator: Choose between CRA's rates for this or the previous year or set one yourself. Then give the distance in kilometres you drove or expect to drive for work. Check whether you're from the Northwest Territories, Yukon, and Nunavut.
23 kwi 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. Enter your driving below to estimate the reimbursement or CRA deduction you are entitled to for your business kilometres. Select rate.
Calculating motor vehicle expenses. If you use a motor vehicle or a passenger vehicle for both business and personal use, you can deduct only the portion of the expenses that relates to earning business income.
