Ontario Mileage Rate 2024


Ontario Mileage Rate 2024. In a significant move that will impact businesses across the nation, the department of finance canada has announced changes to the deductible mileage rates. Calculate the motor vehicle benefit using the reasonable allowances rate calculation.


Ontario Mileage Rate 2024

Use the prescribed rate (section 7306 of the itr) per kilometre of personal driving to. For 2024, ontario has set the following standard mileage rates:

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