The IRS sets a rate that is used for determining the deductibility of business use for your personal vehicle. Many companies will use that rate when reimbursing their employees for usage of their own car. Currently, for 2007, that rate is 48.5 cents. You can learn more at http://www.irs.gov/newsroom/article/0,,id=163828,00.html. The IRS sets a rate that is used for determining the deductibility of business use for your personal vehicle. Many companies will use that rate when reimbursing their employees for usage of their own car. Currently, for 2007, that rate is 48.5 cents. You can learn more at http://www.irs.gov/newsroom/article/0,,id=163828,00.html. Employers are not mandated to reimburse for mileage. The IRS does permit an employer to reimburse for mileage expense up to a specific amount tax free. Typically this rate is adjusted annually, except in the situations of agressively increasing fuel costs. The rate for 2009 is 55 cents per mile. CompanyMileage.com
Prescribed rate per Km dated back to 2010 is R3.05.
generally nothing. Mileage is usually only paid when an employee uses their personal vehicle for company travel.
The rate for mileage and for gas are completely different and is dependent upon the company in which you work. Gas is considered an expense and as such receipts for gas should be submitted to your company and you should be reimbursed for the actual amount of gas purchased if they don't pay mileage. Mileage includes everything from gas to wear and tear on your vehicle and the insurance you pay on your car. The current dollar rate per mile in the U.S. is 48 cents. That's also the amount you can claim on your taxes if you're not paid for gas or mileage by the company.
Since a company is generally not required to pay you any mileage, the rate would be at their discretion. You should contact an attorney in your area for more specific information,
There's no legal mileage reimbursrement rate, it is negotiated on a case by case basis in each company.
There's no legal mileage reimbursrement rate, it is negotiated on a case by case basis in each company.
Is my employer by law to pay me for mileage if he requires me to go to another site he owns to pick up company supplies in my personal vehicle? Also would he be liable if I get into an accident while doing pick ups and deliveries for him because he refuses to have the supplies delivered to our store.
As of 2014 the average mileage reimbursement in Georgia is 56 cent per mile. Mileage allowance changes often and can vary by company.
The mileage rate in UAE is between 2 AED to 3 AED. The international comapnies calculate this rate based on their respective countries. The company I work for pay 2.50 AED per KM.
mileage rate in france
A company vehicle is owned by a company. Therefore, they are responsible for upgrading their vehicle. They can not fire you for not paying to upgrade their equipment. That would be cause for action. If you own the company and your insurance is demanding that you have this for a better rate, you just have to decide if the cost for the interlock is worth the discount in rate (usually is).
What is the mileage rate in Singapore