Mileage Rate 2024 Canada To Us

Mileage Rate 2024 Canada To Us. You may provide an allowance or a reimbursement to your employee to compensate for use of their automobile or motor vehicle in connection with or in the course of their office or. Rates are reviewed on a quarterly basis.


Mileage Rate 2024 Canada To Us

The amounts in 2024 were 70 cents for the first 5000 km, and then 64 cents for any kilometers after that. The rate is set to rise by two cents, reaching 70 cents per kilometre for the first 5,000 kilometres driven, and 64 cents for each additional kilometre.

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