Mileage Reimbursement 2024 Rate 2024. New standard mileage rates are: You can use this mileage reimbursement calculator to determine the deductible costs associated with running a vehicle for medical, charitable, business, or moving.
If you are a sole trader or qualifying close company and use the kilometre rate method to claim business vehicle costs, this new rate applies for the 2024 year, that is, 1. 67 cents per mile driven for business use, an increase of 1.5 cents from 2023.