Cra Mileage Allowance 2024. A vehicle allowance will be considered a taxable benefit if an employee or officer is paid: A mileage allowance is any payment that employees receive from an employer for using a personal vehicle to travel for work (e.g.

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. Cra mileage rates for 2024.