Mileage Rate 2024 Canada. In a significant move that will impact businesses across the nation, the department of finance canada has announced changes to the deductible mileage rates. 64 cents per kilometer for each.
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. The meal rates are reviewed every six (6) months and resulting revisions, if any,.