2020-01-03 -- 2020 Personal Mileage Rate reduced to 57.5 cents per mile

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The Internal Revenue Service announced on Tuesday, December 31, 2019 that the 2020 Personal Mileage Reimbursement Rate will be reduced to 57.5 cents per mile, a decrease of 0.5 cents from the 2019 mileage rate.

SAP Concur has been updated with the new rate and effective date.  All personal mileage expenses for travel dates on or after January 1, 2020 will be automatically calculated in SAP Concur using the 57.5 cents per mile rate.