Mileage Reimbursement Rate For 2022

In Announcements, by , on January 25th, 2022

The Internal Revenue Service issued the 2022 optional standard mileage rates used to calculate reimbursement.

Beginning on January 1, 2022, the standard mileage rate for the use of a car (also vans, pickups or panel trucks) will be 58.5 cents per mile driven for business use, up 2.5 cents from the rate for 2021.

Please use the mileage reimbursement rate of 58.5 cents, for travel as of January 1, 2022, when submitting requests to Accounts Payable.