2024 Mileage Reimbursement Rate. The reimbursement of travel expenses is aimed to cover employees' commute costs to reach their place of employment. What’s contemplated in mileage reimbursements?
Mileage reimbursement rates take into account not only the cost of gas, but also expenses such as oil, tires, registration taxes, car insurance,. Beginning on january 1, 2024, the millage rate for reimbursement for business use will increase to 67 cents per mile.