2024 Mileage Rate Canada. For 2024, the department of finance canada made some notable changes to the automobile income tax deduction limits and mileage rates, with the initial mileage rate. The kilometric rates (payable in cents per kilometre) will be used for the application of the.
Keep in mind, if you’re driving in the northwest territories, yukon, and nunavut, there is an additional. Calculate the motor vehicle benefit using the reasonable allowances rate calculation.