Every year, 'round this time, we get a message from the Accounting folks something like the following (this year's message):
Effective January 1, 2011, the mileage reimbursement rate for the use of personal cars in conjunction with company business will be 51¢ per mile, up from the current 50¢.
The reimbursement rate supposedly covers all aspects of vehicle ownership - car payment, depreciation, insurance, maintenance... plus gas, of course.
No mention of reimbursement for riding my bicycle on company business.
If I could get 50¢/mile for my bike miles, it would've paid for the cost of the bike purchase a little over a year ago, plus all the expenses of operating the bike, and I'd still have several hundred dollars left over.
Tireless advocate for the most efficient form of
human transportation ever devised - bicycles!
3 comments:
Bikeboy, is your employer still reimbursing for bike commuting expenses?
I think you could make a strong case for bike transportation expenses. Tires typically run 2-4 cents/mile, but your fuel costs may not be cheap.
Studies have shown that junk food typically costs around $0.002 per calorie, while healthy food is around $0.018/cal. You burn about 30 calories/mile on a bike, costing you between 6 and 50 cents, depending on your eating habits.
Bob T... I fully expect my employer to reimburse me. (11 months @ $20/month... I opted for a bus pass in January, due to my surgery the month before.)
Hmmm... Scott, I'd never really considered the cost of fuel! (Maybe I should submit grocery bills to my employer, for reimbursement!)
(-;
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