October 16, 2024

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Mileage Rate For 2024 Canada Tax

Mileage Rate For 2024 Canada Tax. Canada 2024 and 2023 tax rates & tax brackets. As a salaried individual, your employer may reimburse you for any expenses incurred when using your personal car for work.


Mileage Rate For 2024 Canada Tax

70 cents per kilometer for the first 5,000 kilometers driven for business purposes. Your taxable income is your income after various deductions, credits, and exemptions have been applied.

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