Changes to Mileage Reimbursement Rates
January 5, 2015
The University’s mileage reimbursement rates for expenses incurred in connection with the business use of a private automobile will change in accordance with the Internal Revenue Service standard mileage rates published in IRS Notice 2013-80. The following new rates are effective for expenses incurred on or after January 1, 2015:
- The reimbursement rate for the use of a private automobile for University business travel will increase from 56 cents a mile to 57.5 cents a mile.
- The reimbursement rate for driving or shipping an automobile in connection with a move or relocation will decrease from 23.5 cents a mile to 23 cents a mile.
University employees traveling on official business shall observe normally accepted standards of propriety in the type and manner of expenses they incur, and avoid any expenditure that would appear extravagant or lavish under the circumstances. Business and Finance Bulletin G-28, Travel Regulations, will be revised to include the mileage rate change.
Questions regarding this message may be directed to Central Accounts Payable Customer Support at 643-2199 or firstname.lastname@example.org.