Business Mileage Rate 2025 Cra , Business Mileage Rate 2025 Cra. The updated cra mileage rates for 2025 carry significant implications for both business owners and employees in canada. Meal and vehicle rates used to calculate travel expenses. The kilometric rates (payable in cents per kilometre) below are payable in canadian funds only. For 2025, the department of finance canada made some notable changes to the automobile income tax deduction limits and mileage rates, with the initial mileage rate increasing to 70. Business Mileage Rate 2025 Cra Images References : 2025
Business Mileage Rate 2025 Cra. The updated cra mileage rates for 2025 carry significant implications for both business owners and employees in canada. Meal and vehicle rates used to calculate travel expenses. The kilometric rates (payable in cents per kilometre) below are payable in canadian funds only. For 2025, the department of finance canada made some notable changes to the automobile income tax deduction limits and mileage rates, with the initial mileage rate increasing to 70.