Mileage Rate 2024 Calculator Canada. to calculate mileage reimbursement, check out our handy cra mileage reimbursement calculator. To calculate vehicle allowance amounts provided by employers using the cra mileage rate, multiply an employee’s total business kilometres driven during a given tax year with the corresponding kilometric rate of ($0.70.
You can use this mileage reimbursement calculator to determine the deductible costs associated with running a vehicle for medical, charitable, business, or moving. Delve into the factors that have shaped these rates over time and discover how to accurately calculate your automobile.