June 28, 2011
Please be advised that, as of July 1, 2011, in
accordance with IRS guidelines, the reimbursement
rate for the use of personal vehicles for business travel is
55.5 cents per mile driven. This rate is
intended to reimburse employees for all costs incurred, including
insurance, gas, oil, wear and tear and repairs. Such charges
are not permissible as separate reimbursable expenses.
For more information, download
memo