2024 Mileage Reimbursement Rate Chart 2024

2024 Mileage Reimbursement Rate Chart 2024. 67 cents per mile driven for business use, up 1.5 cents. The mileage reimbursement rate for all travel expenses incurred on or after january 1, 2024, has risen to 67 cents per mile.

* airplane nautical miles (nms) should be converted into statute miles (sms) or regular miles when submitting a voucher using the formula (1 nm equals 1.15077945 sms). Mileage rate increases to 67 cents a mile, up 1.5 cents from 2023.