The kilometric rate payable when a canadian registered vehicle is driven on government business travel in more than one province or in the usa shall be the rate. 70¢ per kilometre for the first 5,000 kilometres driven.
The automobile allowance rates for 2024 are: From the cra’s official website, the 2024 automobile allowance rates are:
The Cra Has Issued The Mileage Rate For 2024, Applicable From January 1 Until December 31, 2024.
The standard mileage rate from janury 1st, 2024 to december 31st, 2024 is:
The Formula For Figuring Out Your Reimbursement For Business Mileage In A Car Is As Simple As:
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Images References :
As We Enter 2024, Understanding These Rates And Their.
70 cents per kilometre for the first 5000 km driven.
The Kilometric Rate Payable When A Canadian Registered Vehicle Is Driven On Government Business Travel In More Than One Province Or In The Usa Shall Be The Rate.
Keep in mind, if you’re driving in the northwest territories, yukon, and nunavut, there is an additional $0.04 per kilometer allowed for travel.
