Cra Mileage Rate 2024 Calculator. What is the 2024 cra automobile allowance (mileage) rate? Maximize your 2024 cra mileage rate claim in canada.
The standard mileage rate will increase to 67¢ per mile for business miles driven beginning january 1, 2024, up from 65.5¢ in 2023. 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 increasing to 70.