Amends the compensation review act. 1, 2024, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:
Mileage rate increases to 67 cents a mile, up 1.5 cents from 2023. Mileage reimbursement rates reimbursement rates for the use of your own vehicle while on official government travel.
Effective January 1, 2024, State Travel Reimbursement Rates For Lodging And Mileage For Automobile Travel, As Well As Allowances For Meals, Shall Be Set At The Maximum Rates Established By The Federal Government For Travel Expenses, Subsistence Expenses, And.
Are employers required to pay for mileage in illinois?
Mileage Rate Increases To 67 Cents A Mile, Up 1.5 Cents From 2023.
According to the irs, the mileage rate is set yearly “based on an annual study of the fixed and variable costs.
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• 65.5 Cents Per Mile Driven For Business Use, Up 3.
Travelers choosing to use their personal vehicles for business travel may see a reduction on the mileage.
Mileage Rate Increases To 67 Cents A Mile, Up 1.5 Cents From 2023.