Calculate your reimbursement simply by multiplying the kilometres driven by the current year’s standard rate, or the rate you are reimbursed at. For example, if you’ve driven 4000 business kilometres this year, and use the CRA mileage rate (61 cents for the first 5000km) the calculation will be the following:
4000 km x 61 cents = $2440 in mileage reimbursement.