Cra Reasonable Mileage Rate 2024
Cra Reasonable Mileage Rate 2024. For 2024, the department of finance canada made some notable changes to. Use the prescribed rate (section 7306 of the itr) per kilometre of personal driving to.
$0.70 per kilometer for the first. You may provide an allowance or a reimbursement to your employee to compensate for use of their automobile or motor vehicle in connection with or in the course of their office or.