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Mileage Rate 2024 Canada Cra

Mileage Rate 2024 Canada Cra. The general prescribed rate used to determine the taxable benefit of employees relating to the personal portion of automobile expenses paid by their. Cra mileage rate in canada (2024, 2023, 2022):


Mileage Rate 2024 Canada Cra

70 cents per kilometer for the first 5,000 kilometers driven for business purposes. A vehicle allowance will be considered a taxable benefit if an employee or officer is paid:

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