- Date of Last Review/Update: 06-03-2021
- Updated Status:
- Travel Mileage Rates - BC*
IRS issues mid-year mileage rate increase
Effective July 1, 2022, the IRS has increased the standard mileage rates for the final 6 months of 2022. For travel occurring July 1 - December 31, the new reimbursement rate is 62.5 cents per mile for the first 500 miles driven and 31.25 cents for 501+ miles driven. Review the announcement on the IRS website.
Effective January 1, 2022, all fund groups except 47 accounts are reimbursed at $0.585 for the first 500 miles and then $0.2925 from mile 501 or more.
See the Travel Management Services website for more information.
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