New Mileage Rate for 2023

  • January 11th, 2023
  • in News

In recognition of recent gasoline price increases, the IRS has announced an increase in the standard mileage rate for 2023.  Effective January 1, 2023, the mileage rate paid to persons traveling in privately owned vehicles on official business for the state will be 65.5 cents per mile (up 3 cents from the mid-year rate effective on July 1, 2022). The updated mileage rate is available in Concur and on the Accounts Payable Mileage Rates webpage.  When entering mileage in your Concur Expense Report, please ensure you are including the correct Transaction Date in the Mileage Form. For example, if travel occurred in December 2022, please ensure you have entered the correct transaction date in December 2022 in order to properly calculate the mileage.