Mileage Rate 2024 Canada Calculator. Understanding and effectively applying these rates can lead to. With this calculator, you can estimate how much you can save on time and money as an employer managing multiple drivers.

The general prescribed rate used to determine the taxable benefit of employees relating to the personal portion of automobile expenses paid by their employers will remain at. Use the prescribed rate (section 7305.1 of the itr) per kilometre of personal driving to calculate the motor vehicle.