Mileage Rate For 2024 Canada Tax. What is the 2024 cra automobile allowance (mileage) rate? There are also various tax credits, deductions and benefits available to you to reduce your total tax payable.
If you are an employer, go to automobile and motor vehicle allowances. Below, we’ll break down the latest irs standard mileage rates, what they mean for different industries, and how these rates fit into your tax return.