New Mileage Reimbursement Rate Effective 1/1/2025

On January 1, 2025, the standard mileage rates for the use of a car (including vans, pickups, or panel trucks) will change. The new rate for travel occurring on or after January 1, 2025 are:

 

  • 70.0 cents per mile for business miles driven

 

The rate of 67.00 cents per mile will apply for travel dates prior to January 1, 2025.

 

Note: The rate of reimbursement is affected by the travel date, not the reimbursement date.

Refer to ServiceNow Knowledge base# KB0021795: https://ut.service-now.com/sp?id=kb_article&number=KB0021795

 

 

If you have further questions about mileage reimbursements, then please contact Travel Services oa.travel@austin.utexas.edu

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January 2, 2025