Cra Mileage Rate 2024 Ontario. The kilometric rates (payable in cents per kilometre) below are payable in canadian funds only. Confidence in rate cuts remains extremely strong across canadian lenders and investors.
The 2024 cra mileage rate in ontario is set to 70 cents per kilometer for the first 5,000 kilometers driven and 64 cents for each additional kilometer, the same as in other parts. Meal and vehicle rates used to calculate travel expenses.