Canadian Mileage Reimbursement Rate 2024. The kilometric rates (payable in cents per kilometre) below are payable in canadian funds only. The current cra mileage rates for 2024 are:
70¢ per kilometre for the first 5,000 kilometres. See the business driving reimbursement rules in canada, learn what to expect from your employer, how to log mileage and report to your employer for.
Rates Are Reviewed On A Quarterly Basis.
In this guide, we will provide a definitive overview of what the system entails, so employers know exactly how to reimburse employees for mileage and their employees know how.
These Rates Are Guided And Established By The National Joint Council (Njc) And Adopted By The Canada.
The 2024 mileage reimbursement rate in canada is:
Canadian Mileage Reimbursement Rate 2024 Images References :
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:.
If you live in nunavut, northwest.
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 general prescribed rate used to determine the taxable benefit of employees relating to the personal portion of automobile expenses paid by their.
