Government Mileage Rate 2024 Canada. The guide to national joint council rates and allowances provides employees and managers with a brief description of each rate or allowance, how it is determined or calculated, as well as the process used to review and modify the rate or allowance from time to time. From the cra’s official website , the 2024 automobile allowance rates are:
For 2024, the department of finance canada made some notable changes to the automobile income tax deduction limits and mileage rates, with the initial mileage rate increasing to 70 cents per kilometre for the first 5,000 kilometers driven. Government announces the 2024 automobile deduction limits and expense benefit rates for businesses;