FY 2024 per diem highlights (2024)

FAQs

What is the per diem allowance for 2024? ›

FY 2024 results

The M&IE per diem tiers for FY 2024 are unchanged at $59-$79, with the standard M&IE rate unchanged at $59.

Calculating per diem involves multiplying the applicable rates by the number of days spent in the travel location. Here's how: Lodging: If using a flat rate, simply multiply the lodging rate by the number of nights stayed. If using actual cost, sum up the daily lodging expenses.

The law was established to protect Federal employees by fairly reimbursing them for travel expenses. In addition, if a Federal employee cannot find a room within the established per diem rates, the travel policy allows the agency to reimburse the actual hotel charges up to 300 percent of the established per diem rates.

Partial Days and Unused Per Diem

For partial travel days, the per diem rate may be prorated based on the time spent on the trip. For partial days or days where expenses were less than the per diem, employees are allowed to keep any of the allowance that is not spent.

Per diem rates can be tied to daily lodging, meals, miles driven, or incidental expenses. Per diem rates for meals and lodging are based on geographical location. Per diem rates for mileage are set by the IRs; for 2023, the mileage rate is $0.655 per mile, and for 2024, $0.67 per mile.

This allowance is at your discretion to spend and you don't need to provide receipts for it. The amount that is given is based on your location, not your actual expenses. If you spent less than the allowance, you get to keep the difference, and if you spend more, you must pay the difference.

Forty (40%) percent of the payment is treated as payment for meals and 60% as payment for lodging.

For example, if an employee is on a business trip and their company provides a per diem rate of $100, it means they are entitled to spend up to $100 per day on expenses related to the trip.

Meals provided by a common carrier or a complimentary meal provided by a hotel/motel do not affect per diem (301-11.17).

Can you pocket per diem money? ›

So, how is per diem paid? Give employees the fixed per diem rate. You do not need to approve or deny an employee's spending. In most cases, employees can keep any unused per diem money.

Employees can understand how much to spend before they begin their business trip. Employees can keep leftover per diem funds as long as they report them on their taxes.

The amount of the $309 high rate and $214 low rate that is treated as paid for meals for purposes of § 274(n) is $74 for travel to any high- cost locality and $64 for travel to any other locality within CONUS.

The M&IE per diem tiers for FY 2023 are unchanged at $59-$79, with the standard M&IE rate unchanged at $59. There are no new NSA locations this year.

Per diem is an allowance paid to your employees for lodging, meals, and incidental expenses incurred when travelling. This allowance is in lieu of paying their actual travel expenses. 2. What is the federal per diem rate for my area? Publication 1542, Per Diem Rates provides the rates for all continental U.S. areas.

We are pleased to report that the federal CONUS per diem rate for lodging increased by $9 to $107 per night for FY 2024 for federal government travelers. The federal daily per diem rate for meals and incidental expenses will remain the same at $59, with larger metros generally having a M&IE reate of $64 per day.