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US Notification Effective 1st January 2024 Mileage

marketa_c
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Disclaimer: “Managed Rate Administration is a licensed service offered by SAP Concur with a recurring fee. The rate updates posted are for informational purposes. If you are an MRA customer, please open a ticket with support (with MRA in the subject line) to request the specific rate update. If you would like more information about licensing the service, please contact your SAP Concur Account Executive. For information about the service, please click here."

 

Dear administrator,

 

The U.S. has recently been advised of a change to the Personal car reimbursement rate, effective Jan 01, 2024.


Details can be found on:

 

IRS issues standard mileage rates for 2024; mileage rate increases to 67 cents a mile, up 1.5 cents ...

 

Summary of changes:

Car mileage

Effective Date

Rate

01 Jan 2024

0.670 USD

 

 

Note: Please disregard these updates/changes if they do not apply to your SAP Concur configuration. Do not reply to this message. If these updates/changes apply to your configuration or you have questions, please, raise a Support case for the MRA Team here.

If you are using the Travel Allowance Service, please check the status of the Rate Update here (Regulatory Change Manager (cloud.sap)).

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