2024 Mileage Tax Deduction Rate

2024 Mileage Tax Deduction Rate. For 4 000 kilometers driven professionally in 2023 with a 6 hp vehicle, you can report an actual cost of โ‚ฌ2,660 (4,000 km x 0.665) for your 2024 tax return. This is an increase of 1.5.


2024 Mileage Tax Deduction Rate

1, 2024, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: That drops to 14 cents per mile when using your.

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