2024 Mileage Rate Canada. Use the prescribed rate (section 7306 of the itr) per kilometre of personal driving to calculate the. The amounts in 2024 were 70 cents for the first 5000 km, and then 64 cents for any kilometers after that.
The general prescribed rate used to determine the taxable benefit of employees relating to the personal portion of automobile expenses paid by their employers will remain at. Use the prescribed rate (section 7306 of the itr) per kilometre of personal driving to calculate the.