2024 Mileage Rate Reimbursement Rate. You can use this mileage reimbursement calculator to determine the deductible costs associated with running a vehicle for medical, charitable, business, or moving. 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, 1 april.
1, 2024, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: The irs is raising the standard mileage rate by 1.5 cents per mile for 2024.