mileage rate
Per-distance payment standard
A mileage rate is the amount paid per mile traveled, typically used for reimbursing employees who drive personal vehicles for work: The company's mileage rate is 67 cents per mile.
The IRS sets a standard mileage rate that employers and taxpayers can use for deductions.
Rental car companies and rideshare services also quote mileage rates for charges beyond included miles.
- reimbursementPayment for incurred expenses
- out of pocketPaid from personal funds
- odometerVehicle distance recorder
- commuteRegular work travel
- road tripExtended pleasure drive
expense · fuel · cents · IRS · deduction · travel · business · business travel · standard · allowance · gasoline · gas money · wear · depreciation · fleet · driving · kilometers · trip
- faresbase fare, standard fare, adult fare, student fare, senior fare
- rideshareUber, Lyft, rideshare, ride-hailing, taxi
- business travelprivate jets, expense report, client meeting, itinerary, conference
- vehicle costscar payment, lease payment, lease payments, loan payment, monthly payment
- shipping feesshipping fee, delivery fee, handling fee, delivery charge, postage
mileage rateflat fee
Unchanging service charge
fixed rate · flat rate · lump sum · fixed charge · hourly rate
mile, mileage, miles, mileages, rate, rates, rated, rating, ratings