Cra Mileage Rate 2024 Calculator. To calculate vehicle allowance amounts provided by employers using the cra mileage rate, multiply an employee’s total business kilometres driven during a given tax year with the corresponding kilometric rate of ($0.70 per km 2024 for the first 5,000km and $0.64 thereafter). As per cra mileage rate 2024, it will depend on the distance you have travelled for some business and then the rate will be calculated as per the section given under income tax rules.

The mileage allowance is 70 cents for the first 5,000 kilometres and 64 cents for each additional kilometre. Cra mileage rate in canada (2024, 2023, 2022):