Business Mileage Rate 2024 Cra. In this guide we will dive deep into the historical journey of the cra mileage rates. The cra mileage rate is the highest per business kilometer rate at which you can reimburse your employees while still being able to receive a tax deduction.
$0.70 per kilometer for the first 5,000 kilometers driven; January 1, 2024 the kilometric rates (payable in cents per kilometre) below are payable in canadian funds only.