New mileage reimbursement rate
Colleagues who travel frequently for university business may be pleased to learn that UC’s mileage reimbursement rates for expenses incurred in connection with the business use of a personal car will increase to 62.5 cents in accordance with IRS standard mileage rates.
Move/relocation-related expenses will also increase, to 22 cents per mile.
The new rates will be effective for expenses incurred on or after July 1, 2022.
For questions, contact email@example.com.Tags: BRC, mileage, reimbursements