2024 Mileage Rate For Taxes And Insurance. Canadian taxpayers should be aware of these rules when managing their business expenses to avoid any penalties from the cra. The 2024 mileage rate applies to all miles you drive starting january 1, 2024 through december 31.
Beginning on january 1, 2024, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) are: Below are the mileage rates for business purposes from previous years: