The mileage reimbursement amount of 55.5 cents per mile will increase to 56.5 cents per mile for University of St. Thomas business use of personal vehicles. The Accounts Payable Department has announced this change, which is in accordance with the IRS.
Employee mileage reimbursements for business use will be calculated at the increased rate for travel on or after Jan. 1, 2013.
For more information call Edie Dull in Accounts Payable, (651) 962-6382.
