Mileage Rate 2024 Malaysia 2024. Learn about tax changes, cost of living controls, economic growth plans & key initiatives. For 2024, the irs standard mileage rates are:

The standard mileage rate for business use is based on an annual study of the fixed and variable costs of operating a car. The average car mileage reimbursement provided to all levels of employees was rm0.64 per km while the average motorcycle mileage reimbursement was rm0.35 per km.