Reimbursement Rate For Mileage 2024 Kentucky. Gsa establishes the rates that federal agencies use to reimburse their employees for lodging and meals and incidental expenses incurred while on official travel. The university reimburses personal vehicle mileage based on the irs standard business mileage rates which is 67 cents per mile (as of january 2024) for university business travel.
For 2024, the standard mileage rate is the following: For 2024, the irs mileage rate is set at 67 cents per business mile.
Kentucky Mileage Reimbursement Rate 2024.For The Same 1,000 Business Miles, Using The Irs Rate, The Reimbursement Would Be $670.
According to the irs, the mileage rate is set yearly โbased on an annual study of the fixed and variable costs of.
The Following Lists The Privately Owned Vehicle (Pov) Reimbursement Rates For Automobiles, Motorcycles, And Airplanes.
Mileage rate increases to 67 cents a mile, up 1.5 cents from 2023.
Reimbursement Rate For Mileage 2024 Kentucky Images References :
What Is The 2024 Federal Mileage Reimbursement Rate?
Gsa establishes the rates that federal agencies use to reimburse their employees for lodging and meals and incidental expenses incurred while on official travel.
The Rate Will Be Adjusted January 1, April 1, July 1,.
The reimbursement rate is determined using the aaa daily fuel gauge report for kentucky for regular unleaded gasoline.