Standard Mileage Rate 2024 Malaysia. Employee can claim rm1/km travelled by car and rm 0.50/km by motorcycle. If your rate is below 0.65, you can simply ignore it :console:
You can also use this approach to deduct any expenses that you incur while driving for charity, medical, or moving purposes. The internal revenue service said thursday that the optional standard mileage rate for business use will increase to 67 cents a mile in 2024, up 1.5 cents from 2023.