Cra Approved Mileage Rate 2025. 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 increase. To calculate vehicle allowance amounts provided by employers using the cra mileage rate, multiply an employee’s total business kilometres driven during a given tax year.
The kilometric rate payable when a canadian registered vehicle is driven in more than one province or in the usa shall be the rate applicable to the province or territory of. The automobile allowance rates for 2025 are:
