Standard Mileage Rates 2024. The standard mileage rate for transportation or travel expenses is 67 cents per mile for all miles of business use (business standard mileage rate). The rate for medical or moving purposes in 2024 decreased to 21 cents.
You can use the previous rates for up to 1 month from the date any new rates. For business use, the standard mileage rate has been increased to 67 cents per mile, up 1.5 cents from 2023.
These Rates Apply From 1 March 2024.
The advisory fuel rates for petrol, lpg and diesel cars are shown in these tables.
The Medical And Moving Mileage Rates Are Now 21.
67 cents per mile driven for business use, up 1.5 cents.
The Rate For Medical Or Moving Purposes In 2024 Decreased To 21 Cents.
Images References :
67 Cents Per Mile Driven For Business Use,.
The standard mileage rate is revisited each year by the internal revenue service.
The Medical And Moving Mileage Rates Are Now 21.
58.5 cents per mile for the first six.