Cra Mileage Rate 2024 Ontario

Cra Mileage Rate 2024 Ontario. Under the cra's administrative policy, you can use the prescribed rate per kilometre of personal driving to calculate the value of the motor vehicle benefit using the fixed rate. Here’s the cra’s automobile allowance rates for the past five.


Cra Mileage Rate 2024 Ontario

The amounts in 2024 were 70 cents for the first 5000 km, and then 64 cents for any kilometers after that. What is the 2024 cra automobile allowance (mileage) rate?

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