What Is A Commercial Vehicle?
A commercial vehicle is a phrase used to describe a motorized transportation mode that is primarily used for business purposes. These vehicles are essential in moving goods, services, and passengers. They play a vital role in the global economy.
Types of commercial vehicles include trucks (from light-duty to heavy-duty), buses, vans, delivery vehicles, taxis, and specialized vehicles like tankers and refrigerated trucks.
Commercial vehicles are heavily regulated to ensure safety for both their drivers and other road users. They are essential for efficient business operations and the transportation of goods and people, making them a vital component of modern economies.
In many cases keeping a logbook of the use of the vehicle is either a requirement, or a very good idea. Driversnote’s automatic mileage tracker is designed to make that task as quick and easy as possible.
Mileage reimbursement in the US — rates and rules for employees, self-employed and employers in the US.
The standard mileage rate for business will be 67 cents per mile, effective Jan. 1st, 2024 - up 1.5 cents from the 2023 rate of 65.5 cents.
Find out if you fall into one of the groups of employed individuals who can claim mileage on taxes in the US in 2024.