Business Mileage Rate 2024 Cra. From the cra’s official website, the 2024 automobile allowance rates are: The kilometric rates (payable in cents per kilometre) below are payable in canadian funds only.
Maximize tax savings on business travel expenses with our comprehensive guide to cra mileage rate 2024 and vehicle allowances. The rate is set to rise by two cents, reaching 70 cents per kilometre for the first 5,000 kilometres driven, and 64.
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