Announcements & News

Announcements & News

IRS sets 2026 business standard mileage rate at 76.0 cents per mile, up 3.5 cents

As of July 1, 2026, the standard mileage rates (cents per mile)  for the use of a car (also vans, pickups or panel trucks) will be:

 

Purpose

Rates as of 07/01/2026

Business

76.0 cents per mile

 

For more information, refer to   IRS Mileage Rates as July 1, 2026

Important note: The new business mileage rate will be added to your production site by July 14, 2026, with an effective date of July 1, 2026. We are waiting for the IRS to publish the updated rate on its official mileage rates webpage, as it is currently available only in the Internal Revenue Bulletin.   

If you would like the new rate applied before July 14, please email support@data-basics.com, and we will update your site as soon as possible.

If you do NOT want us to add the rates on your site, please email support@data-basics.com

2026 News & Updates

Quick links and highlights for important 2026 announcements.

Automobile Reimbursement Rate as of January 1, 2026 in the United States

IRS sets 2026 business standard mileage rate at 72.5 cents per mile, up 2.5 cents

As of January 1, 2026, the standard mileage rates (cents per mile)  for the use of a car (also vans, pickups or panel trucks) will be:

 

Purpose

Rates as of 01/01/2026

Business

72.5 cents per mile

 

For more information, refer to   IRS Mileage Rates 2026

Important note: The new business mileage rate will be added to your production sites by December 31, 2025, with an effective date of 01/01/2026. If you do NOT want us to add the rates on your site, please email support@data-basics.com

Mileage Rates around the world click here

Dec 1, 2025

Bulgaria’s Transition to the Euro – Effective January 1, 2026

Effective January 1, 2026, Bulgaria will adopt the Euro (EUR) as its official currency, replacing the Bulgarian Lev (BGN).

There will be a one-month parallel circulation period (January 1–31, 2026) during which both BGN and EUR will be accepted as legal tender. During this period, the fixed conversion rate will be:

EUR 1 = BGN 1.95583

The Euro will use the ISO currency code EUR and the currency symbol €.

 

2025 DATABASICS, Inc