2025 Mileage Rate Canada. $0.70 per kilometer for the first 5,000 kilometers driven The cra mileage rate in 2025 is set to:
Cra’s 2025 automobile allowance rates for all provinces: The general prescribed rate used to determine the taxable benefit of employees relating to the personal portion of automobile expenses paid by their.
From The Cra’s Official Website , The 2025 Automobile Allowance Rates Are:
The kilometric rates (payable in cents per kilometre) below are payable in canadian funds only.
For 2023, The Rate Is 68¢ Per Kilometre For The First 5,000 Kilometres.
What is the 2025 cra automobile allowance (mileage) rate?
2025 Mileage Rate Canada Images References :
The Cra Automobile Allowance Rates For 2025 Are:
70 cents per kilometre for the first 5,000km driven.
From January 1St, 2025, Per Kilometre Rates Will.
The updated cra mileage rates for 2025 carry significant implications for both business owners and employees in canada.