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WebJan 24, 2024 · The simplified method: Apply the current IRS-mandated mileage rate to the total miles driven for business in the year. For tax year 2024, the standard mileage deduction is 58 cents per mile for business use, up from 54.5 cents in 2024. Whichever method you choose, you must keep track of all mileage used for business in a vehicle log. official highway code uk pdf
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