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Cra Mileage Rate 2024 Ontario
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Cra Mileage Rate 2024 Ontario. The mileage allowance is 70 cents for the first 5,000 kilometres and. What is the 2024 cra mileage rate in ontario? $0.70 per kilometer for the first 5,000.
70 cents per km for the first 5000 km driven, up two cents from last year’s rate. What is the 2024 cra mileage rate in ontario?
What Is The Cra Reasonable Allowance For Mileage Rates For 2023/2024?
The rate set by the cra for 2023 currently stands at $0.68 per kilometre.
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.
The kilometric rates (payable in cents per kilometre) will be used for the application of the directive on travel.
Images References :
The Formula Is As Follows:
What is the 2024 cra mileage rate in ontario?
The Kilometric Rates (Payable In Cents Per Kilometre) Below Are Payable In Canadian Funds Only.
The 2023 cra mileage rates are 68ยข per km for the first 5,000 kilometres driven and 62ยข per km after that.