2024 Mileage Rate Canada. The cra mileage rate for 2024 is set at 70 cents for the first initial 5,000 kilometers and 64 cents for each subsequent kilometer. 70 cents per kilometer for the first 5,000 kilometers driven for business purposes.
Use the prescribed rate (section 7305.1 of the itr) per kilometre of personal driving to calculate the motor. The cra mileage rate for 2024 is set at 70 cents for the first initial 5,000 kilometers and 64 cents for each subsequent kilometer.