Mileage Rate 2024 Canada Cra. The updated cra mileage rates for 2024 carry significant implications for both business owners and employees in canada. In a significant move that will impact businesses across the nation, the department of finance canada has announced changes to the deductible mileage rates for the year.

These rates are guided and established by the national joint council (njc) and adopted by the canada. Calculate the motor vehicle benefit using the reasonable allowances rate calculation.