2024 Mileage Rate Ontario City

2024 Mileage Rate Ontario City. The list below is in alphabetical order by city. These rates are guided and established by the national joint council (njc) and adopted by the canada revenue agency for application of the directive on travel.

The ontario tax brackets and personal tax credit amounts are increased for 2024 by an indexation factor of 1.045 (4.5% increase), except for the $150,000 and $220,000 bracket amounts, which are not indexed for inflation. In 2024, the cra has updated its mileage rates to 70 cents per kilometre for the first 5,000 kilometres driven and 64 cents thereafter.