Mileage Rate For 2024 Cra. 64 cents per kilometer for each additional. Under the cra's administrative policy, you can use the prescribed rate per kilometre of personal driving to calculate the value of the motor vehicle benefit using the fixed rate.
The 2024 business mileage charges released by the cra body enables employees to claim reimbursement at 70 cents for the first 5000 kilometers driven in. A vehicle allowance will be considered a taxable benefit if an employee or officer is paid:
