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What Is The Current Mileage Rate For 2025

What Is The Current Mileage Rate For 2025. If you are a sole trader or qualifying close company and use the kilometre rate method to claim business vehicle costs, this new rate applies for the 2025 year, that is, 1 april. 67 cents per mile for business purposes;


What Is The Current Mileage Rate For 2025

Privately owned vehicle (pov) mileage reimbursement rates gsa has adjusted all pov mileage reimbursement rates effective january 1, 2025. The irs has announced the standard mileage rate for 2025:

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