Mileage Reimbursement 2024 Rate

Mileage Reimbursement 2024 Rate. The cra automobile allowance rates for 2024 are: If the allowance or reimbursement paid to your employee for the use of their own vehicle is taxable, the value of the benefit is equal to the amount paid to your employee in the year.


Mileage Reimbursement 2024 Rate

The 2024 standard mileage rate is 67 cents per mile, up from 65.5 cents per mile last year. Mileage rate increases to 67 cents a mile, up 1.5 cents from 2023.

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