2024 Mileage Allowance. In the northwest territories, yukon, and nunavut, there is an additional 4¢ per kilometre allowed for travel. Meal and vehicle rates used to calculate travel expenses for 2023.


2024 Mileage Allowance

Travel — mileage and fuel rates and allowances. This notice provides the optional 2024 standard mileage rates for taxpayers to use in computing the deductible costs of operating an automobile for business,.

The Automobile Allowance Rates For 2024 Are:

The 2024 irs standard mileage rates are 67 cents per mile for every business mile driven, 14 cents per mile for charity and 21 cents per mile for moving or medical.

Irs Issues Standard Mileage Rates For 2024;

The irs has announced the new standard mileage rates for 2024.

The Standard Mileage Rate Will Increase To 67¢ Per Mile For Business Miles Driven Beginning.

Images References :

22 February 2024 — See All Updates.

The content of this circular to be noted by all concerned for strict compliance.

The Standard Mileage Rate Will Increase To 67¢ Per Mile For Business Miles Driven Beginning.

Mileage rate increases to 67 cents a mile, up 1.5 cents from 2023.

If You Are An Employer, Go To Automobile And Motor.

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