Business Travel Mileage Rate 2024. 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 irs mileage rate in 2024 is 67 cents per mile for business use.

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. Establish a mileage reimbursement policy: