Virginia Mileage Reimbursement Rate 2025. Depending on your employment situation, there are different. Mileage reimbursement concerns the amount an employee is entitled to for using their personal vehicle for work purposes.
Effective july 1, 2022 the maximum compensation rate will be $1290.00. If you work in virginia and use your personal car or vehicle for work, then you are covered under the virginia mileage reimbursement law.
67 Cents Per Mile For Business.
Current mileage rate (2024) the irs standard mileage rates for 2024 stand at:
Up 2.5 Cents From The 2021 Rate;.
Effective july 1, 2022 the maximum compensation rate will be $1290.00.
Virginia Mileage Reimbursement Rate 2025 Images References :
Effective January 1, 2024, The Mileage Reimbursement Rate Changed From 65.5 Cents To 67 Cents Per Mile As Directed By Internal Revenue Service (Irs).
If you use your car for business, charity, medical or moving purposes, you may be able to take a deduction based on the mileage used for.
Effective July 1, 2022 The Maximum Compensation Rate Will Be $1290.00.
The mileage rates include the variable costs of operating a vehicle, such as the cost of gas, oil, tires, maintenance and repairs, as well as the fixed costs of.
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