2024 Mileage Reimbursement Rate Ontario.  โ€” the following changes to limits and rates will take effect as of january 1, 2024: The ceiling for capital cost allowances (cca) for class 10.1 passenger vehicles will increase to $37,000 from $36,000, before tax, in respect of new and used vehicles acquired on or after january 1, 2024.


2024 Mileage Reimbursement Rate Ontario

The applicable rates are as follows: When you do get your reimbursements, make sure they are included in your employment contract and follow the cra automobile allowance (aka mileage) rates for 2024.

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