Mileage Rate 2024 Cra. What is an allowance, a reimbursement or an accountable advance. To calculate meal and vehicle expenses, you may choose the detailed or simplified method.
For the territories, 74 cents per km for the first 5,000 kilometres driven, and 68 cents for each additional kilometre 2024 mileage reimbursement rate canada.
An Additional 4¢ Per Kilometre In The Northwest Territories, Nunavut, And Yukon.
The northwest territories, yukon, and nunavut get an additional 4 cents per kilometre.
The Cra Has Issued The Mileage Rate For 2024, Applicable From January 1 Until December 31, 2024.
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Mileage Rate 2024 Cra Images References :
An Additional 4 Cents Per Kilometre In The Northwestern Territories, Nunavut And Yukon.
Calculate the motor vehicle benefit using the reasonable allowances rate calculation.
What Is The Cra Mileage Rate In 2024?
If you live in nunavut, northwest territories or yukon, it’s an extra $0.04 for each km driven.