Web29 jun. 2024 · Beginning July 1, 2024, the standard mileage rate for business travel will be 62.5 cents per mile, up 4 cents from the 58.5 cents-per-mile rate effective for the first six months of the year. The IRS also announced an increased standard mileage rate for medical driving and moving for members of the military. Web8 jun. 2024 · The IRS announced Thursday that for the final 6 months of 2024, the standard mileage rate for business travel will be 62.5 cents per mile — up 4 cents from the rate the IRS set at the start of the year. This new rate goes into effect July 1, and applies to workers who use their own vehicles for business travel.

22-A-001 FY 2024 Private Vehicle Mileage Rates (July 1, 2024

Web21 jul. 2024 · From 1 March 2024 the advisory electricity rate for fully electric cars will rise from 8 pence to 9 pence per mile. Hybrid cars are treated as either petrol or diesel cars … WebExisting Rate Temporary Enhanced Rate Agenda for Change Standard Rate of Annual Mileage up to 3,500 miles 56p 61p Agenda for Change Standard Rate of Annual … cj\u0027s brewing

Standard Mileage Rates for Official Travel (Flag Voice 579)

Web27 mei 2024 · 31 cents. Petrol Hybrid. 83 cents. 18 cents. Electric. 83 cents. 10 cents. These operational statements provide further information on the use of the kilometre … Web23 jun. 2024 · Effective July 1, 2024, the Internal Revenue Service (IRS) has established new mileage rates for the final six months of 2024 in recognition of recent gasoline price increases. The business standard rate for the use of a car (also vans, pickups or panel trucks) increased from 58.5 cents per mile to 62.5 cents per mile, and the medical or … Web24 jun. 2024 · The new IRS mileage rate for 2024. The revised mileage rates are: 62.5 cents per mile for business purposes. 22 cents per mile for medical and moving … cj\u0027s bbq spruce pine