Mileage Reimbursement 2024 Canada Tax

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Mileage Reimbursement 2024 Canada Tax. The updated cra mileage rates for 2024 carry significant implications for both business owners and employees in canada. You may provide a motor vehicle to your employee to use in performing their duties of office or employment that is not an automobile.


Mileage Reimbursement 2024 Canada Tax

The mileage rate per kilometer is reasonable (see below for the defined rates); The kilometric rates (payable in cents per kilometre) below are payable in canadian funds only.

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