2025 Mileage Reimbursement Rate Canada. Ontario Mileage Reimbursement Rate 2025 Neil King The Canada Revenue Agency rate for 2025 is CAD $0.72/km for the first 5,000 km, then CAD $0.66/km thereafter. Here is the associated news release from the Government of Canada
Canada Mileage Reimbursement Rate 2025 Kevin S Hill from kevinshill.pages.dev
for the associated implementation date of the mileage rate increase You may provide an allowance or a reimbursement to your employee to compensate for use of their automobile or motor vehicle in connection with or in the course of their office or employment duties.
Canada Mileage Reimbursement Rate 2025 Kevin S Hill
The Canada Revenue Agency (CRA) has announced updated mileage reimbursement rates for 2025 These rates are guided and established by the National Joint Council (NJC) and adopted by the Canada Revenue Agency for application of the Directive on Travel. 2025: $0.72: $0.66: $0.76: $0.70: 2024: $0.70: $0.64: $0.74: $0.68: 2023: $0.68: $0.62: $0.72: $0.66:
2025 Mileage Reimbursement Rate Canada Richie Lingo. You may provide an allowance or a reimbursement to your employee to compensate for use of their automobile or motor vehicle in connection with or in the course of their office or employment duties. A reasonable per-kilometre amount is set by the Canada Revenue Agency (CRA) - you can find it in the Income Tax Regulations, in section 7306
Mileage Rate 2025 Ontario Canada Arnold T. Martineau. These new rates are used to calculate deductible vehicle expenses for business use You can find the historical reasonable per-kilometre allowance rates for the past 7 years in the table below.