Cra Mileage Rate 2024 Calculator Online. A vehicle allowance will be considered a taxable benefit if an employee or officer is paid: *0.25% interest rate concession for existing housing loan borrowers and corporate salary account holders.
The cra automobile allowance rates for 2024 are: These rates vary based on the year and location.
70 Cents Per Kilometre For The First 5,000Km Driven.
You may also be interested in our free lease mileage calculator.
64 Cents Per Kilometre After That.
From the cra’s official website, the 2024 automobile allowance rates are:
The Automobile Benefits Online Calculator Allows You To Calculate The Estimated Automobile Benefit For Employees.
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70 Cents Per Km For The First 5000 Km Driven, Up Two Cents From Last Year's Rate.
70¢ per kilometre for the first 5,000 kilometres driven.
The Automobile Allowance Rates For 2024 Are:
The automobile benefits online calculator allows you to calculate the estimated automobile benefit for employees.
Calculating Your Car Allowance Or Mileage Rate For 2024.