Job is to fix computers on-site. I will be paid a flat rate (which I have agreed to and am happy with), but I've been asked to suggest a rate to be compensated per km. At first I was thinking 15 cents/km (24 cents/mile), but a friend of mine thinks this is too low. I expect I will likely drive about 50km (31 miles) per day, and all the driving will be done in my own vehicle.
2007-02-08 16:14:17 · 5 answers · asked by Big Bear 2 in Cars & Transportation ➔ Commuting
The IRS standard mileage rate for business purposes for 2007 is 48.5 cents/mile. It is totally reasonable to be compensated this amount.
You may want to look at Edmunds' True Cost to Own for your vehichle as well... this might give you a better idea of what your car is actually costing you per mile.
2007-02-08 17:04:04 · answer #1 · answered by Anonymous · 1⤊ 0⤋
I think I read somewhere that the going rate is 45 cents a mile.
When you figure out the price of fuel, upkeep, insurance, depreciation, 45 cents really isn't too much to ask.
2007-02-09 00:19:31 · answer #2 · answered by Gnome 6 · 0⤊ 0⤋
Octavio has it correct, at least for the U.S. The IRS just approved an increase in mileage reimbursement, making the amount 48.5 cents per mile. I don't know where you live, and what the guidlines there are, but that's what it is in the U.S. now.
2007-02-09 08:49:44 · answer #3 · answered by j.f. 4 · 0⤊ 0⤋
I don't know where you are, but take a look at this web site. This is when gasoline in the US was approaching $3/gal. It sounds like you are about half what it should be.
http://www.irs.gov/newsroom/article/0,,id=151226,00.html
2007-02-09 00:32:49 · answer #4 · answered by sk33t3r 3 · 0⤊ 0⤋
~$0.40/mile
2007-02-09 00:22:37 · answer #5 · answered by eaglefox200 5 · 0⤊ 0⤋