Canadian Mileage Reimbursement Rate 2024. โ the 2024 business mileage charges released by the cra body enables employees to claim reimbursement at 70 cents for the first 5000 kilometers driven in. You may provide an allowance or a reimbursement to your employee to compensate for use of their automobile or motor vehicle in connection with or in the course of their office.
64ยข per kilometre driven after that. July 1, 2024 the kilometric rates (payable in cents per kilometre) below are payable in canadian funds only.
Canadian Mileage Reimbursement Rate 2024 Images References :