Mileage Rate 2024 Canada. The rates payable in cents per kilometre for the use of privately owned vehicles driven on authorized government business travel are shown below: Do you know what the mileage compliance laws are in canada for 2024?
As of 2024, the cra will give back 70¢ per kilometre for the first 5,000 kilometres driven and 64¢ per kilometre after that. Essentially, corporate owners utilizing their vehicles for business activities in the corporation are eligible for an allowance based on the kilometres.