Canada Mileage Reimbursement Rate 2024

Canada Mileage Reimbursement Rate 2024. The updated cra mileage rates for 2024 carry significant implications for both business owners and employees in canada. The canada revenue agency has announced the new 2024 mileage rates:

The cra has issued the mileage rate for 2024, applicable from january 1 until december 31, 2024. As a salaried individual, your employer may reimburse you for any expenses incurred when using your personal car for work.