2024 Mileage Rate Canada Cra

2024 Mileage Rate Canada Cra. Deduction limits and rates for 2024 applicable to the use of an automobile. The ceiling for cca in this category will experience an increase to $37,000 from $36,000 (before tax) for both new and used vehicles acquired on or after january 1, 2024.

Here’s a complete look at how these changes will impact you. $0.64 per kilometer driven after that;