Standard Mileage Allowance Rates for 2022

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Published June 30, 2022

The IRS announced the 2022 standard mileage rate for business use of a personal vehicle, which is based on an annual study of the costs of operating an automobile.

New Mileage Rate for 2022

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The new rate for business miles driven for travel taking place on or after July 1, 2022, is $0.625 per mile, an increase from $0.585 in January 2022.

The 2022 mileage rate will automatically show in the travel and expense reimbursement system (Concur) effective July 1, 2022.

For non-employee and guest reimbursements, the Travel office will adjust any paper travel vouchers received for travel taking place as of July 1,  2022 that has the January -June 2022 rate. They will email a scanned copy of the revised voucher to the individual identified on the voucher as the travel preparer.

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