What Is The Mileage Rate For 2024 Canada
What Is The Mileage Rate For 2024 Canada. Additionally, ford covers hybrid components for eight years or 100,000 miles. They were last revised in fy 2022.
0.68 cad per kilometer for the first 5,000 kilometers driven; For 2024, the department of finance canada made some notable changes to the automobile income tax deduction limits and mileage rates, with the initial mileage rate increasing to 70 cents per kilometre for the first 5,000 kilometers driven.