Cra Mileage Rate 2025 Calculator Osrs. Osrs Calculator Calculate your 2025 Canada Revenue Agency mileage reimbursement These new rates are used to calculate deductible vehicle expenses for business use
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Our free mileage reimbursement calculator for Canada automatically applies the current 2024 CRA mileage rates: Up to 5,000 km: 70¢/km (64¢/km for mileage thereafter) Northwest Territories, Yukon and Nunavut: Additional 4¢/km The kilometric rates (payable in cents per kilometre) below are payable in Canadian funds only
2025 Mileage Rate Gsa Calculator Emery Fosters
Up-to-Date CRA Mileage Rates The Canada Revenue Agency sets an annual standard mileage rate Calculate your 2025 Canada Revenue Agency mileage reimbursement The CRA mileage rate for 2024 was set at 70 cents for the first initial 5,000 kilometers and 64 cents for each subsequent kilometer.
Mileage Rate 2024 Cra Viva Michal. However, CRA rates were slightly higher in Canadian Territories (the Northwest Territories, Yukon, and Nunavut) being 74. Our free mileage reimbursement calculator for Canada automatically applies the current 2024 CRA mileage rates: Up to 5,000 km: 70¢/km (64¢/km for mileage thereafter) Northwest Territories, Yukon and Nunavut: Additional 4¢/km
CRA Mileage Rates 2025 Everything You Need To Know For Business Driving And Tax Claims. To calculate mileage reimbursement for your employees, multiply the total number of business kilometers driven by the applicable CRA rate The CRA mileage rate for 2024 was set at 70 cents for the first initial 5,000 kilometers and 64 cents for each subsequent kilometer.