Mileage Rate 2024 Ird. 67 cents per mile for each business mile (an increase of 1.5 cents per mile from 2023) 21 cents per mile to cover. The rates are $1.04 for petrol, diesel, hybrid and electric vehicles for up to 14,000 km.
New standard mileage rates are: Irs issues standard mileage rates for 2024;