Ontario Km Rate 2024

Ontario Km Rate 2024. The average premium rate for ontario businesses in 2024 remains steady at $1.30 per $100 of insurable payroll, the lowest it has been in more than 20 years. The mileage rate in ontario for 2024 is the same rate as for all canadian provinces:


Ontario Km Rate 2024

If you live in nunavut, northwest. 70 cents per kilometre for the first 5,000km driven.

Rates Are Reviewed On A Quarterly Basis.

$0.70 per kilometer for the first.

64 Cents Per Kilometre After That.

If you are an employer, go to automobile and motor.

From The Cra’s Official Website , The 2024 Automobile Allowance Rates Are:

Images References :

Pretty Sure This Is Inaccurate.

70 cents per kilometre for the first 5000 km.

What Is The Cra Reasonable Allowance For Mileage Rates For 2023/2024?

In the northwest territories, yukon, and nunavut, there is an additional 4¢ per kilometre allowed for travel.

January 1, 2024 The Kilometric Rates (Payable In Cents Per Kilometre) Below Are Payable In Canadian Funds Only.