2024 Mileage Reimbursement Rate Chart. The irs mileage rate lets employees drive personal vehicles for work and get tax deductions or. This year, the irs raised the mileage rate for 2024 to 67 cents per mile, which is 1.5 cents more than the previous year’s rate of 65.5 cents per mile.
What is the current mileage reimbursement rate for 2024? 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,.