Business Mileage Rate 2025 Cra . Canada Revenue Agency Mileage Rate 2024 Iris Renell If there is no business (employment-related) driving, Understanding the 2025 CRA mileage rate Making sure your employees are fairly reimbursed for driving their personal vehicles for business-related purposes, while simultaneously lowering your expenses can be challenging
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The tax-exempt allowances paid by employers to employees who use their personal vehicle for business purposes has increased to the following. Use the CRA mileage rate for 2025 to calculate business kilometres in the following year's tax return.
Free Mileage Log Templates Smartsheet These include several changes from last year's limits and rates Understanding the 2025 CRA mileage rate Making sure your employees are fairly reimbursed for driving their personal vehicles for business-related purposes, while simultaneously lowering your expenses can be challenging The kilometric rates (payable in cents per kilometre) below are payable in Canadian funds only.
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