What Is The Business Mileage Rate For 2024. The standard mileage rate for transportation or travel expenses is 67 cents per mile for all miles of business use (business standard mileage rate). You can use this mileage reimbursement calculator to determine the deductible costs associated with running a vehicle for medical, charitable, business, or moving.
This is covered in travelperk’s short guide to mileage allowance in the uk. The 2024 standard mileage rate is 67 cents per mile, up from 65.5 cents per mile last year.