September 7, 2025

Travis A Edward

Explore ideas, tips guide and info Travis A Edward

Mileage Reimbursement 2025 Canada Tax

Mileage Reimbursement 2025 Canada Tax. John, a freelancer, drives 1,000 miles for client meetings and is reimbursed by his clients at $0.60 per mile, totaling $600. July 1, 2025 the kilometric rates (payable in cents per kilometre) below are payable in canadian funds only.


Mileage Reimbursement 2025 Canada Tax

As of 2025, the cra will give back 70¢ per kilometre for the first 5,000 kilometres driven and 64¢ per kilometre after that. The ceiling for capital cost allowances (cca) for class 10.1 passenger vehicles.

Mileage Reimbursement 2025 Canada Tax Images References :