2024 Mileage Reimbursement Rate Ontario Canada. In a significant move that will impact businesses across the nation, the department of finance canada has announced changes to the deductible mileage rates for the year 2024. In this guide, we will provide a definitive overview of what the system entails, so employers know exactly how to reimburse employees for mileage and their employees know how.

There is no minimum or maximum vehicle reimbursement rate set. 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.