Government Of Canada Mileage Rate 2024

Government Of Canada Mileage Rate 2024. Rates are payable in canadian funds only. In a significant move that will impact businesses across the nation, the department of finance canada has announced changes to the deductible mileage rates for the year 2024.


Government Of Canada Mileage Rate 2024

The general prescribed rate used to determine the taxable benefit of employees relating to the personal portion of automobile expenses paid by their employers will remain at 33 cents per kilometre for 2024. The kilometric rates (payable in cents per kilometre) will be used for the application of the directive on travel.

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