Cra Reasonable Mileage Rate 2024. Calculate the motor vehicle benefit using the reasonable allowances rate calculation. The cra mileage rate for 2024 is set at 70 cents for the first initial 5,000.
In 2024, the cra has updated its mileage rates to 70 cents per kilometre for the first 5,000 kilometres driven and 64 cents thereafter. Rates are reviewed on a quarterly basis.