Gas Mileage Rate For 2024. The 2024 mileage rate applies to all miles you drive starting january 1, 2024 through december 31. To calculate vehicle allowance amounts provided by employers using the cra mileage rate, multiply an employee’s total business kilometres driven during a given tax year with the corresponding kilometric rate of ($0.70.
17 rows find standard mileage rates to calculate the deduction for using your car for business, charitable, medical or moving purposes. 67 cents per mile, up 1.5 cents from 65.5 cents in 2023.
