What Is The Mileage Rate For 2024 In Ontario. From the cra’s official website , the 2024 automobile allowance rates are: You can find upcoming cpi release dates on our schedule page.
For the most part the increase to this year’s living wage rate is mainly due to rising costs for rent in our province. In 2024, the cra has updated its mileage rates to 70 cents per kilometre for the first 5,000 kilometres driven and 64 cents thereafter.
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