Reimbursement For Mileage 2024 Canada. Determine if the travel allowance or reimbursement is taxable. In 2024, the cra has updated its mileage rates to 70 cents per kilometre for the first 5,000 kilometres driven and 64 cents thereafter.
For clarification on reimbursement rates, please contact the policy, planning and analytics. Frontier airlines offers an annual pass for only $599 where you can fly an unlimited number of flights from may 1, 2024 until april 30, 2025.
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The formula for figuring out your reimbursement for business mileage in a car is as simple as:
The Reimbursement Rate Will Be Adjusted Again Effective June 1, 2024.
The automobile allowance rates for 2024 are:
70¢ Per Kilometre For The First 5,000 Kilometres.
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The 2024 Mileage Reimbursement Rate.
The cra mileage rate in 2024 is set to:
For Clarification On Reimbursement Rates, Please Contact The Policy, Planning And Analytics.
The mileage allowance is 70 cents for the first 5,000.
Deduction Limits And Rates For 2024 Applicable To The Use Of An Automobile.