From january 1st, 2024, per kilometre rates will. 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.
The rates for 2024 will be available on our website in 2025. 70 cents per kilometre for the first 5000 km driven;
As Of 2024, The Cra Will Give Back 70¢ Per Kilometre For The First 5,000 Kilometres Driven And 64¢ Per Kilometre After That.
Understanding and effectively applying these rates.
From The Cra’s Official Website , The 2024 Automobile Allowance Rates Are:
70¢ per kilometre for the first 5,000 kilometres.
Images References :
From The Cra’s Official Website , The 2024 Automobile Allowance Rates Are:
70 cents per kilometer for the first 5,000 kilometers.
The Mileage Allowance Is 70 Cents For The First 5,000.
April 1, 2024 the kilometric rates (payable in cents per kilometre) below are payable in canadian funds only.
