Cra Mileage Rate 2024 Canada. If you are an employer, go to automobile and motor vehicle allowances. Here’s a complete look at how these changes will impact you.
For those who work in the northwest territories, yukon, or nunavut, you can claim an additional 4 cents per kilometre. The cra mileage rate in 2024 is set to:
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The northwest territories, yukon, and nunavut get an additional 4 cents per kilometre.
The Interest Rate Charged On Overdue Taxes, Canada Pension.
The additional 4 cents per kilometre allowance in northern regions addresses the higher costs in these areas.
The Automobile Allowance Rates For 2024 Are:
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The 2024 Cra Mileage Rates Are 70 Cents Per Kilometre For The First 5,000 Km, And 64 Cents Per Km After That.
These rates vary based on the year and location.
Cra’s 2024 Automobile Allowance Rates For All Provinces:
The rates for 2024 will be available on our website in 2025.
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