2024 Mileage Rate Ontario

2024 Mileage Rate Ontario. Department of finance canada announced the automobile income tax deduction limits and expense benefit rates for 2024. Official source in english can be found here:


2024 Mileage Rate Ontario

In 2024, the cra has updated its mileage rates to 70 cents per kilometre for the first 5,000 kilometres driven and 64 cents thereafter. The kilometric rates (payable in cents per kilometre) below are payable in canadian funds only.

2024 Mileage Rate Ontario Images References :