July 13, 2025

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Cra Mileage Rate 2025 Ontario

Cra Mileage Rate 2025 Ontario. 64 cents per kilometre after that. The following changes to limits and rates will take effect as of january 1, 2025:


Cra Mileage Rate 2025 Ontario

64 cents per kilometre after that. 70 cents per kilometre for the first 5000 km driven.

70 Cents Per Km For The First 5000 Km Driven, Up Two Cents From Last Year's Rate.

64 cents per kilometre after that.

The 2025 Mileage Reimbursement Rate.

The standard mileage rate from janury 1st, 2025 to december 31st, 2025 is:

Cra Mileage Rate 2025 Ontario Images References :

This Bifurcation Reflects An Understanding Of.

The kilometric rates (payable in cents per kilometre) below are payable in canadian funds only.

The Mileage Allowance Is 70 Cents For The First 5,000.

For 2025, the department of finance canada made some notable changes to the automobile income tax deduction limits and mileage rates, with the initial mileage rate.