2024 Mileage Rates Cra. For 2024, the department of finance canada made some notable changes to the automobile income tax deduction limits and mileage rates, with the initial. The cra mileage rate in 2024 is set at 70 cents for the initial 5,000 kilometers and 64 cents for each subsequent kilometer.

The kilometric rates (payable in cents per kilometre) below are payable in canadian funds only. Tax rates for the 2024 year of assessment just one lap,.