Current Mileage Rate 2024. The rate for medical or moving purposes in 2024 decreased to 21 cents. The kilometric rates (payable in cents per kilometre) below are payable in canadian funds only.
This rate reflects the average car operating cost, including gas, maintenance, and depreciation. New rates went into effect on january 1, 2024.
To Calculate Mileage Reimbursement For 2024, You Will Need The Total Miles And The Most Recent Reimbursement Rate.
The current cra mileage rates for 2024 are:
New Standard Mileage Rates Are:
Mileage rates for travel are now set for 2024.
Current Mileage Rate 2024 Images References :
1) 67 Cents Per Mile Driven For Business.
To calculate mileage reimbursement for 2024, you will need the total miles and the most recent reimbursement rate.
Washington โ The Internal Revenue Service.
These rates are guided and established by the national joint council (njc) and adopted by the canada.