Cra Mileage Rate 2024 Calculator. From the cra’s official website , the 2024 automobile allowance rates are: For the territories, 74 cents per km for the first 5,000 kilometres driven, and 68 cents for each additional kilometre
In the territories, the mileage rate is 74 cents per km for the first 5,000 kilometres and 68 cents after that. Car allowance tax calculator cassiekruwfinley, updated cents per kilometre rate:
The Cra Mileage Rate For 2023.
The automobile benefits online calculator allows you to calculate the estimated automobile benefit for employees (including shareholders) based on the information you provide.
70 Cents Per Km For The First 5000 Km Driven, Up Two Cents From Last Year's Rate.
To calculate vehicle allowance amounts provided by employers using the cra mileage rate, multiply an employee’s total business kilometres driven during a given tax year with the corresponding kilometric rate of ($0.70 per km 2024 for the first 5,000km and $0.64 thereafter).
The 2024 Cra Mileage Rates Are 70 Cents Per Kilometre For The First 5,000 Km, And 64 Cents Per Km After That.
Images References :
$0.70 Per Kilometer For The First 5,000 Kilometers Driven
Us employee mileage reimbursement calculator.
64¢ Per Kilometre Driven After That.
62 cents per kilometre after that.
No Tax Deductions For Business Mileage And Expenses.