Cra Allowable Mileage Rate 2024

Cra Allowable Mileage Rate 2024. The general prescribed rate used to determine the taxable benefit of employees relating to the personal portion of automobile expenses paid by their. A vehicle allowance will be considered a taxable benefit if an employee or officer is paid:

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. How much you can claim per km;