2024 Mileage Rate Cra. What is the irs standard mileage rate for 2024? A vehicle allowance will be considered a taxable benefit if an employee or officer is paid:


2024 Mileage Rate Cra

70 cents per kilometer for the first 5,000 kilometers driven for business purposes.  โ€” the department of finance announced the automobile expense deduction limits and the prescribed rates for automobile operating expense benefits that will apply.

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