Ontario Mileage Reimbursement Rate 2024. In a significant move that will impact businesses across the nation, the department of finance canada has announced changes to the deductible mileage. The irs mileage reimbursement rate 2024 is the amount per mile that the irs allows you to deduct or.

You may provide an allowance or a reimbursement to your employee to compensate for use of their automobile or motor vehicle in connection with or in the course of their office. July 1, 2024 the kilometric rates (payable in cents per kilometre) below are payable in canadian funds only.