Revenue Canada Mileage Rate 2025

Revenue Canada Mileage Rate 2025. The ceiling for capital cost allowances (cca) for class 10.1 passenger vehicles will be increased from $37,000 to $38,000, before tax, in respect of vehicles (new and used) acquired. The canada revenue agency (cra) mileage rates for 2025 have not been announced yet.


Revenue Canada Mileage Rate 2025

If you are catching up with mileage rates and reimbursements for 2025, the cra rate for automobile allowances calculates 72ยข per kilometre for the first 5,000. Rates are reviewed on a quarterly basis.

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