Revenue Canada Mileage Rate 2024. Expected to lead the industry with adjusted pretax margin of 15.8% achieved a completion rate of 99.5%, among the highest in the industry reached tentative. Use the prescribed rate (section 7305.1 of the itr) per kilometre of personal driving to calculate the motor.


Revenue Canada Mileage Rate 2024

When you do get your reimbursements, make sure. 70¢ per kilometre for the first 5,000km driven.

If You Drive In The Northwest Territories, Yukon Or.

64¢ per kilometre after that.

Earn 1X Points On Other Purchases.

For 2024, the department of finance canada made some notable changes to the automobile income tax deduction limits and mileage rates, with the initial mileage rate.

Revenue Canada Mileage Rate 2024 Images References :

Rates Are Reviewed On A Quarterly Basis.

The canada revenue agency has announced the new 2024 mileage rates:

F) Has Reported Its Q2 2024 Earnings, Revealing A Mix Of Strong Performance In Its Ford Pro Division And Challenges.

The cra has issued the mileage rate for 2024, applicable from january 1 until december 31, 2024.