Cra Mileage Rate 2024 Calculator

Cra Mileage Rate 2024 Calculator. The automobile benefits online calculator allows you to calculate the estimated automobile benefit for employees (including shareholders) based on the information you provide. Use the prescribed rate (section 7306 of the itr) per kilometre of personal driving to calculate the motor vehicle taxable benefit:

The kilometric rates (payable in cents per kilometre) below are payable in canadian funds only. Cra mileage rate 2024 calculator online dede monica, 70 cents per kilometre for the first 5000 km driven.