The 2022 standard mileage rates have been published by the Internal Revenue Service (IRS). The standard mileage rate employees may receive as non-taxable reimbursements, for miles driven on behalf of their employers, has increased to 62.5 cents per mile effective July 1, 2022. Pace University’s policy for mileage reimbursement follows Federal guidelines, therefore, in the event the IRS announces standard rate changes throughout the calendar year, our policy, website, and T&E systems will reflect said changes.
Reimbursements to employees for business use of personal automobiles from January 1, 2022 through June 30, 2022 remain at .585 cents per mile.
Please contact Regina Beatty at x2855 if you have any questions.