2024 Mileage Reimbursement. — the department of finance canada announced the changes to automobile income tax deduction limits and expense benefit rates for 2024, effective from january. — the standard mileage allowance (rate per mile multiplied by miles traveled) is intended to cover automobile expenses such as gas/fuel and lubrication, towing.
— find the kilometric rates payable in cents per kilometre for the use of privately owned vehicles driven on business travel in canada. — the irs is raising the standard mileage rate by 1.5 cents per mile for 2024.