Mileage Rate 2024 Ontario. This bifurcation reflects an understanding of. Effective july 1, 2024 the rates payable in cents per kilometre for the use of privately owned vehicles driven on authorized government business travel are shown below:
64 cents per kilometre after that. You may provide an allowance or a reimbursement to your employee to compensate for use of their automobile or motor vehicle in connection with or in the course of their office or.
What Is The 2024 Cra Mileage Rate In Ontario?
70 cents per kilometre for the first 5,000km driven.
Government Employees, Elected Officials And Others Engaged In Work For The Government Can Claim โ And Be Reimbursed For โ Necessary Travel, Meal And Hospitality Expenses,.
Rates are reviewed on a quarterly basis.
Mileage Rate 2024 Ontario Images References :
The Mileage Allowance Is 70 Cents For The First 5,000.
The cra automobile allowance rates for 2024 are:
64 Cents Per Kilometre After That.
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.