Cra Mileage Rates 2021

Cra Mileage Rates 2021. If you are catching up with mileage rates and reimbursements for 2023, the cra rate for automobile allowances. The rates for 2021 remain at 59 cents per kilometer for the first 5,000 kilometres driven and 53 cents per kilometer for each additional kilometer above 5000 km reasonable per.

64 cents per kilometer for each additional kilometer. The cra mileage rates directly impact your bottom line, enabling you to accurately calculate your business expenses and maximize your potential tax deductions.