The General Services Administration has announced a rate reduction for reimbursement rates for use of a privately owned vehicle for conducting government business.
The IRS recently announced standard mileage rates for using a vehicle for business, so the GSA is following suit for federal workers.
The new rate in 2017 will be $0.535 cents per mile for cars, a slight reduction from last year’s $0.54 cents per mile. The new rates took effect on January 1, 2017.
Mileage rates for use of a private plane or motorcycle will be $1.15 per mile and $0.505 per mile, respectively.
GSA also reduced the reimbursement rates in 2016, dropping the vehicle reimbursement rate by 6% over what it was in 2015.
The complete listing of GSA’s mileage reimbursement rates is available on the GSA website.
