Recent gas price increases have many of us feeling pain at the pump, and GSA has taken notice by updating the standard mileage rate effective July 1, 2022. The update changes GSA’s standard mileage reimbursement rate to $0.625 per mile for privately owned automobiles (POA) used for official travel (Federal Travel Regulation (FTR) Bulletin 22-06). This is an increase of 4 cents per mile compared to the rate of $0.585 per mile effective on January 1, 2022. By law, GSA is responsible for reviewing the POA mileage reimbursement rate on an annual basis, however this is a mid-year adjustment due to the increase of fuel prices. Below is a table to summarize the change:
New Standard Mileage Rate
|New Rate||Old Rate||Increase (Change)|
GSA may not exceed the standard mileage rate for POA’s established by the Internal Revenue Service (IRS). IRS and GSA do not necessarily have the same rate, however GSA’s 2022 mileage reimbursement rate does match the IRS for the second half of 2022. For complete information on FTR rates see the GSA Rate page at www.gsa.gov/mileage. See the following for historical mileage information: GSA historical mileage rates and IRS historical mileage rates.