Current Mileage Rate For 2024 In Canada. The ceiling for capital cost allowances (cca) for class 10.1 passenger vehicles will increase to $37,000 from $36,000, before tax, in respect of new and used vehicles acquired on or after january 1, 2024. The tier 1 rates reflect an overall.
An additional 4 cents per kilometre in the northwestern territories, nunavut and yukon. 70 cents per kilometre for the first 5000 km driven.
Rates Are Reviewed On A Quarterly Basis.
Track business driving with ease.
70¢ Per Kilometre For The First 5,000 Kilometres.
The kilometric rates (payable in cents per kilometre) below are payable in canadian funds only.
Current Mileage Rate For 2024 In Canada Images References :
64 Cents Per Kilometer For Each Additional Kilometer.
64 cents per kilometre after that.
Canada Revenue Agency Mileage Rate 2024 Jemmy Korney, 70¢ Per Kilometre For The First 5,000Km Driven.
The cra has issued the mileage rate for 2024, applicable from january 1 until december 31, 2024.
