Mileage Rate 2024 Cra. Under the cra's administrative policy, you can use the prescribed rate per kilometre of personal driving to calculate the value of the motor vehicle benefit using the fixed rate calculation if all of. If you drive in the northwest territories, yukon or nunavut, cra.
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. What is the cra mileage rate in 2024?