Off Topic-Mileage Reimbursment 2

[DTSMAN]

At least 50% of my work is field work. At my company we use our own vehicles and get paid a set amount per mile. It is less than the allowance given by the govrenment at tax time. My question is; Does anyone else work in this situation and if so, is your employeer paying more per mile during this gas crisis? I have a full size truck and I am getting killed at the pump. Yes, I know, buy a gas saver, to little to late, I'm broke now.

Bo

Kentucky phone support-
"Mash the Kentrol key and hit scape."

 

[jaymaechtlen]

Get a motorscooter or motorcycle?
Some of them get pretty good mileage!
45-55 mpg when I had my '70 Honda CB-750
35-45 mpg when I had a Yamaha XS-1100

 

[Dollie]

The IRS has temporarily changed mileage reimbursement from $0.405 to $0.485 per mile from 9/1/05 to 12/31/05.

http://www.irs.gov/newsroom/article/0,,id=147423,00.html

 

[DTSMAN]

Thanks for that important info. Star for you..

That takes care of Big Brother, now my employeer needs to do something.

Bo

Kentucky phone support-
"Mash the Kentrol key and hit scape."

 

[chiph]

FYI: The IRS (the US one, not the UK one) has increased the mileage reimbursement rate for the last 4 months of 2005 by 8 cents a mile, to 48.5 cents/mile. They will decide on 2006's rate sometime in December.

Read more at

http://www.irs.gov/newsroom/article/0,,id=147423,00.html

Chip H.


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[CasperTFG]

I get paid $0.35 Canadian per Killometer. So that is about... $0.47USD a Mile.



Casper

There is room for all of gods creatures, "Right Beside the Mashed Potatoes".

 

[lexus]

The federal reimbursement rate for mileage in the US is now $.485 per mile. It went up..


**Quiquid latine dictum sit altum viditur.**

 

[Dollie]

Third time is a charm.... did everyone catch that the rate went up to fourty-eight and one half cents per mile for reimbursement?

Also, please note that these are federal guidelines. They are not mandatory rules that employers must follow.

 

[lexus]

If you use your own vehicle for travel that is work-related, I believe they have a choice to reimburse you or you can take it off your taxes. Just make sure you have everything documented if you do the latter.

We get the reimbursement but I always prefer to take a company vehicle!

**Quiquid latine dictum sit altum viditur.**

 

[juliane26]

I don't want to complain, I (almost) always use public transport ...

in the EU we have 0.30€ per Kilometer tax reimbursement, most companies pay usually something like 20-27 cent.

No way to discuss this - it is always fixed for all.

And cost for petrol over here: 1.37€/liter

That sums up to 0.36US$ per km and 1.67US$ per liter
or 0.58US$ per mile and 6,32US$ per gallon.

of course european petrol prizes have always been much higher than in the US - so only few drive trucks.

Juliane

 

[lexus]

I wish I could take public transportation but there is none available in this area. I drive about 22 miles to work and my husband drives about 60 (one way). Unfortunately that's the way it is here. I would LOVE not having to drive to work, especially in snowstorms.



**Quiquid latine dictum sit altum viditur.**

 

[lb63640]

I always take the company car rather than put wear & tear on my own car.

 

[lexus]

If possible, I do too...but it depends where I am going. I HATE having to leave at 5 am to get to work to grab a car to be at a training start at 8 am.....Ugh...Maybe I should go back to public school teaching and deal with parents, admins, and state guidelines???????? NAH............

**Quiquid latine dictum sit altum viditur.**