Reimbursement For Mileage 2024 Canada

Reimbursement For Mileage 2024 Canada. As of 2024, the cra will give back 70¢ per kilometre for the first 5,000 kilometres driven and 64¢ per kilometre after that. You may provide a motor vehicle to your employee to use in performing their duties of office or employment that is not an automobile.


Reimbursement For Mileage 2024 Canada

For 2024, the department of finance canada made some notable changes to the automobile income tax deduction limits and mileage rates, with the initial mileage rate. As a salaried individual, your employer may reimburse you for any expenses incurred when using your personal car for work.

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