Standard Business Mileage Rate 2024. This represents a 1.5 cent increase from the 2023 rate of 65.5 cents per mile. 14 announced that the business standard mileage rate per mile is.

Car expenses and use of the. Effective january 1, 2024, the business standard mileage rate for use of a car (including vans, pickup trucks and panel trucks) increases from $0.655 to $0.67, and the rate for.