Mileage Rate 2024 Ontario Government. * 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).  — 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 33 cents per kilometre for 2024.

Here’s the cra’s automobile allowance rates for the past five years: 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.