What Is The Cra Mileage Rate For 2024 Tax Year. Here’s the cra’s automobile allowance rates for the past five years: To calculate your mileage deduction using the simple method, you need the cra rate accessible.

The cra reviews and adjusts mileage rates annually based on factors such as the average costs of vehicle ownership and operation. 67 cents per mile driven for business use, up 1.5 cents from 2023.