What happens if I drive more miles than I expect?
When you purchase a vehicle, if you drive more miles than you expect, you will not owe an excess mileage charge, but the vehicle will probably be worth less when you trade or sell it. 5. What is the mileage I may drive?
How much does an employee get back for mileage?
Then the employee is kicking back about 24 cents per mile (since the federal mileage rate is around 54 cents). If this employee drives 100 miles per week, that’s $24.
How is the mileage calculated for POV travel?
If POV is determined to be the most advantageous mode of travel, you will be reimbursed the full mileage rate current at the time of your travel. Mileage reimbursement is computed by multiplying the distance traveled by the applicable mileage rate as found on: http://www.gsa.gov/portal/content/100715#
When do you owe an excess mileage charge?
Generally, excess mileage charges are the way lessors recover the expected decrease in value from the additional use. When you purchase a vehicle, if you drive more miles than you expect, you will not owe an excess mileage charge, but the vehicle will probably be worth less when you trade or sell it. 5.
Do you have to drive a certain number of miles a day?
A traveler is not required to drive a certain number of miles in a day. The JTR only prescribes the allowances based on the authorizing or approving official’s determination. See the JTR, par. 020210 for more information.
How many miles can a conveyance travel in one day?
One travel day is allowed for each 400 miles of official distance of ordered travel. If the excess distance is 1 or more miles after dividing the total official distance by 400, one additional travel day is allowed. When the total official distance is 400 or fewer miles, only 1 day of travel time is allowed.
What is the 800 mile round trip policy for TDY travel?
What is the 800 mile round trip policy for TDY travel? Typically, commercial air is the preferred mode of transportation for TDY. However, if the trip is 800 miles round trip or less, then the traveler is authorized to drive a POV and the traveler is not required to complete a cost comparison.
When is one additional day of travel allowed?
If the excess distance is 1 or more miles after dividing the total official distance by 400, one additional travel day is allowed. When the total official distance is 400 or fewer miles, only 1 day of travel time is allowed.