2024 Mileage Reimbursement Rate Ontario

Glen Philly2024 2024 Mileage Reimbursement Rate Ontario
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2024 Mileage Reimbursement Rate Ontario. 70 cents per km for the first 5000 km driven, up two cents from last year's rate. The cra sets a standard mileage rate each year for employers to use as a reasonable mileage rate when reimbursing their employees.


2024 Mileage Reimbursement Rate Ontario

An additional 4 cents per kilometre in the northwestern territories, nunavut and yukon The mileage reimbursement rate for 2024 will be adjusted to reflect the new rate determined by the department of finance canada annual publication which is a per.

After 5,000 Km, The Rate Decreases To 64 Cents Per Kilometre.

You would then deduct only that percentage of all the expenses.

Ontario Is Introducing New Mileage Rates For Medical And Business Travel Under The Ontario Disability Support Program (Odsp) And Ontario Works.

For the territories, 74 cents per km for the first 5,000 kilometres driven, and 68 cents for each additional kilometre

2024 Mileage Reimbursement Rate Ontario Images References :

An Additional 4 Cents Per Business Kilometre For The Northwest Territories, Yukon, And Nunavut.

For odsp, the new rates are 41 cents per kilometre if you live in the north and northeast regions of ontario, up from 18.5 cents per kilometer;

Ontario Is Introducing New Mileage Rates For Medical And Business Travel Under The Ontario Disability Support Program (Odsp) And Ontario Works.

Those driving to appointments will be compensated 40 cents and 41 cents in northern regions per kilometre for mileage, the first adjustment.