Cra Reasonable Mileage Rate 2024. 70 cents per kilometer for the first 5,000 kilometers driven for business purposes. In 2024, the cra has updated its mileage rates to 70 cents per kilometre for the first 5,000 kilometres driven and 64 cents thereafter.

The general prescribed rate used to determine the taxable benefit of employees relating to the personal portion of automobile expenses paid by their employers will remain at. Rates are reviewed on a quarterly basis.