Canada Revenue Agency Mileage Rate 2024. 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. The canada revenue agency (cra) establishes the annual maximum automobile allowance rate for personal automobiles used for business purposes within corporations.

If you expect you are eligible to. Canada revenue agency (cra) mileage rates from 2019 to 2024: