2020-12-22 Mileage Rate 2021
Alert Date
Alert Status
Future
Message
The Internal Revenue Service announced today that beginning on January 1, 2021, the Personal Mileage Reimbursement Rate will be decreased to 56 cents per mile, a decrease of 1.5 cents from the rate for 2020.
The SAP Concur application has been updated with the new rate and effective date. All personal mileage expenses for travel dates on or after January 1, 2021 will be automatically calculated using the 56 cents per mile rate.