What Is The Mileage Rate For 2024 In Ontario. You can find upcoming cpi release dates on our schedule page. If you are an employer, go to automobile and motor vehicle allowances.
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. The 2024 cra mileage rate in ontario is set to 70 cents per kilometer for the first 5,000 kilometers driven and 64 cents for each additional kilometer, the same as in.
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