Mileage Rate 2024 Ird 2024. The 2024 business mileage standard. The 2024 standard mileage rate is 67 cents per mile, a full 11 cents higher than the 56 cents per mile it.

If you pay a travelling allowance because there is not adequate public transport, only the first $5 of the daily travelling allowance is taxable. 67 cents per mile for each business mile (an increase of 1.5 cents per mile from 2023) 21 cents.