2024 Mileage Rate . July 1, 2024 the kilometric rates (payable in cents per kilometre) below are payable in canadian funds only. * airplane nautical miles (nms) should be converted into statute miles (sms) or regular miles when submitting a voucher using the formula (1 nm equals 1.15077945 sms).
Reflect current fuel prices to ensure employees are fairly compensated for travel expenses. 74 cents per kilometer for the first 5,000 kilometers.
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Mileage Rate 2024 Ontario Darla Emeline , The 2024 mileage rate applies to all miles you drive starting january 1, 2024 through december 31.
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IRS Sets Mileage Rate at 67 Cents Per Mile for 2024 CPA Practice Advisor , The rate for medical or moving purposes in 2024 decreased to 21 cents per mile, from the 22 cent rate in 2023.
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Understanding the 2024 IRS Standard Mileage Rates , The standard mileage rate will increase to 67ยข per mile for business miles driven beginning january 1, 2024, up from 65.5ยข in 2023.
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Mileage Reimbursement Rate 2024 Calendar Flss Orsola , Mileage rate increases to 67 cents a mile, up 1.5 cents from 2023.
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Irs Standard Mileage Rate 2024 Deduction Mab Horatia , Business use is 67ยข per mile, up from 65.5ยข in 2023.