Cra Mileage Rate 2024 Calculator

Cra Mileage Rate 2024 Calculator. The ceiling for capital cost allowances (cca) for class 10.1 passenger vehicles will increase to $37,000 from $36,000, before tax, in respect of new and used vehicles acquired on or after january 1, 2024. The applicable rates are as follows:

Meal and vehicle rates used to calculate travel expenses. Keep in mind, if you’re driving in the northwest territories, yukon, and nunavut, there is an additional $0.04.