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Related websites
Appendix A: CRA Kilometric Rates - Canada.ca
WEBApr 1, 2024 · Appendix A: CRA Kilometric Rates. Effective: April 1, 2024. The kilometric rates (payable in cents per kilometre) below are payable in Canadian funds only. Rates are reviewed on a quarterly basis.
Canada.caMeal and vehicle rates used to calculate travel expenses
WEBTo calculate meal and vehicle expenses, you may choose the detailed or simplified method. Your total travel expenses equal the total of the value of travel assistance provided by your employer and the travel expenses incurred by you. …
Canada.caCRA Mileage Rate 2024: Guide to Tax-Free Vehicle Allowances
WEBApr 2, 2024 · The cra mileage rates are a guide set by the Canada Revenue Agency to reimburse taxpayers for vehicle expenses incurred for business use. They calculate the deductible expenses related to operating a vehicle for business, medical, moving, or charitable purposes.
Cpaguide.caCRA Mileage Allowances and Deductions Rules | 2024
WEBJan 18, 2024 · Current cra mileage rate The 2024 cra mileage rate for business-related driving is 70 cents per km for the first 5,000 kilometres driven, then 64 cents for each additional kilometre.
Driversnote.caCurrent Mileage Rates In Canada | Simplify Your Mileage Tax
WEBDec 19, 2023 · The Canada Revenue Agency has announced the new 2024 mileage rates: 70 cents per km for the first 5000 km driven, up two cents from last year's rate. 64 cents per km after that. An additional 4 cents per business kilometre for the Northwest Territories, Yukon, and Nunavut.
Driversnote.caHow to Calculate Mileage Reimbursement in Canada
WEBMay 13, 2024 · The formula for figuring out your reimbursement for business mileage in a car is as simple as: [km] * [reimbursement rate]. The 2024 mileage reimbursement rate …
Driversnote.caAppendix A: CRA Kilometric Rates - Canada.ca
WEBJul 1, 2024 · Appendix A: CRA Kilometric Rates. Effective: July 1, 2024. The kilometric rates (payable in cents per kilometre) below are payable in Canadian funds only. Rates are reviewed on a quarterly basis.
Canada.ca