Cra Reasonable Mileage Rate 2024. A vehicle allowance will be considered a taxable benefit if an employee or officer is paid: 64 cents per kilometer for each additional.

Deduction limits and rates for 2024 applicable to the use of an automobile. The 2024 business mileage charges released by the cra body enables employees to claim reimbursement at 70 cents for the first 5000 kilometers driven in.