Cra Mileage Rate 2024 Ontario

Cra Mileage Rate 2024 Ontario. An input tax credit can be claimed by the employer based on the mileage allowance paid to the employees or officers. If the cra says the reasonable rate is $0.55/km and your employer paid you $0.42/km then you can claim the difference in this case $0.13/km.

Categories of parties eligible for cra mileage rate 2024 claims; This guide provides a comprehensive overview of everything.