Mileage Rate 2024. 67 cents per mile driven for business use, up 1.5 cents. The kilometric rates (payable in cents per kilometre) below are payable in canadian funds only.
Under the cra’s administrative policy, you can use the prescribed rate per kilometre of personal driving to calculate the value of the motor vehicle benefit using the fixed rate. 14 announced that the business standard mileage rate per mile is.