Revenue Canada Medical Mileage Rate 2024. The rates are different for each province or territory, are updated annually, and can be found at the canada revenue agency’s website. The mileage allowance is 70 cents for the first 5,000 kilometres and 64 cents for each additional kilometre.
Multiply the km by the rate for your province. Meal and vehicle rates for previous years are also available.
The Mileage Allowance Is 70 Cents For The First 5,000 Kilometres And 64 Cents For Each Additional Kilometre.
They calculate the deductible expenses related to operating a vehicle for business, medical, moving, or charitable purposes.
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The Medical Mileage Rate For 2024 Is 21 Cents Per Mile.
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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.
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The Cra Has Issued The Mileage Rate For 2024, Applicable From January 1 Until December 31, 2024.
