Mileage Rate 2024 Ontario

Mileage Rate 2024 Ontario. The kilometric rates (payable in cents per kilometre) below are payable in canadian funds only. In 2024, the cra has updated its mileage rates to 70 cents per kilometre for the first 5,000 kilometres driven and 64 cents thereafter.

The following changes to limits and rates will take effect as of january 1, 2024: If you are catching up with mileage rates and reimbursements for 2023, the cra rate for automobile.