Cra Medical Mileage Rate 2024

Cra Medical Mileage Rate 2024. 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. 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.

The 10 miles from home to the first trade show counts as commuting distance. Calculate the value of the allowance or reimbursement to be included on the t4 slip.