Government Mileage Increase

June 25, 2008 by frugalista divider image

After posting about mileage expenses yesterday, readers Lou and Cool Chick brought up how the government rate for mileage has gone up by $.08. Taxpayers may use the optional standard rates to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. The rate will increase to 58.5 cents a mile for all business miles driven from July 1 through Dec. 31. Yippee. This government increase is better than the last government increase I covered.

Here’s the mileage info.

5 Responses to Government Mileage Increase

June 25, 2008 at 11:23 am
Product Junkie Diva

I just want all of the increases to stop right now….grrr
lol
Thanks for the info.

Reply
June 25, 2008 at 11:24 am
The Frugalista Files

PJD, it’s a good thing.

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June 25, 2008 at 6:12 pm
CoolChick20

Yes, PDJ, it means we actually get a whopping .08 more cents! Yipeee! Thanks Frugalista for the info. Every little bit of savings helps these days….now if I could only get my expense reports in on time!

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June 27, 2008 at 12:23 am
Still Broke

Yeah, now if only I could afford the gas…

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June 27, 2008 at 8:09 pm
Natalie

My office gives us .22.
That’s all. Gas has almost gone up a dollar in the past eight months, and they won’t change it.
Grrrr

Reply