Mileage Rate 2024 Canada. Use the prescribed rate (section 7305.1 of the itr) per kilometre of personal driving to calculate the motor vehicle. Learn about the current rates, how to calculate your mileage deductions, and essential tips for.
The amounts in 2024 were 70 cents for the first 5000 km, and then 64 cents for any kilometers after that. The applicable rates are as follows: