2024 Mileage Rate Ontario Canada. From the cra’s official website , the 2024 automobile allowance rates are: 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 increasing to 70 cents per kilometre for the first 5,000 kilometers driven.
— canada has recently advised of a change to the mileage rates, effective january 01, 2024. Here’s a breakdown of the recent revisions:
