Cra Medical Mileage Rate 2024. To calculate vehicle allowance amounts provided by employers using the cra mileage rate, multiply an employee’s total business kilometres driven during a given tax. Beginning january 1, 2024, the standard mileage rates for the use of a car (also vans, pickups, or panel trucks) will be as follows:
70 cents per kilometre for the first 5000 km driven. To claim transportation and travel expenses with the cra, the following conditions must be met:
The Rates For 2024 Will Be Available On Our Website In 2025.
The mileage allowance is 70 cents for the first 5,000 kilometres.
The Kilometric Rates (Payable In Cents Per Kilometre) Below Are Payable In Canadian Funds Only.
If you are an employer, go to automobile and motor vehicle allowances.
Meal And Vehicle Rates Used To Calculate Travel Expenses For 2023.
Images References :
The Following Applies To The 2023 Tax Year.
64 cents per kilometre after that.
Meal And Vehicle Rates For Previous Years Are Also Available.
Know cra mileage rate for medical travel.
Using This Rate, You Can Easily Calculate Your Tax Deduction And Fill Your Tax Return With An Appropriate.