Rowe Wanids

Mileage Rate 2024 Ontario Canada. For 2024, the department of finance canada made some notable changes to the automobile income tax deduction limits and mileage rates, with the initial mileage rate increasing to 70. Budget 2024 is part of the federal government’s plan to deliver generational fairness by unlocking the door to a good.

Canada has recently advised of a change to the mileage rates, effective january 01, 2024. Government employees, elected officials and others engaged in work for the government can claim — and be reimbursed for — necessary travel, meal and hospitality.