What Is The Mileage Rate For 2024 In Ontario. 70 cents per kilometer for the first 5,000 kilometers driven for business purposes. 64 cents per kilometer for each additional kilometer.
For 2024, the department of finance canada made some notable changes to the automobile income tax deduction limits and mileage rates, with the initial mileage rate increasing to 70. Effective october 1, 2024 the rates payable in cents per kilometre for the use of privately owned vehicles driven on authorized government business travel are shown below:.