1 / 10

TRAVEL UPDATE U.S/CONUS PER DIEM RATES (Summary of BAC No. 2006-01) January 1, 2006

TRAVEL UPDATE U.S/CONUS PER DIEM RATES (Summary of BAC No. 2006-01) January 1, 2006. CONUS HIGH/LOW PER DIEM RATES. Effective January 1, 2006, the CONUS Federal Allowable High/Low Per Diem Rates were amended. Summary of the Changes :. 1) 2006 CONUS Federal Allowable High/Low Per Diem Rates :.

ekuhlmann
Download Presentation

TRAVEL UPDATE U.S/CONUS PER DIEM RATES (Summary of BAC No. 2006-01) January 1, 2006

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. TRAVEL UPDATEU.S/CONUS PER DIEM RATES(Summary of BAC No. 2006-01)January 1, 2006

  2. CONUS HIGH/LOWPER DIEM RATES Effective January 1, 2006, the CONUS Federal Allowable High/Low Per Diem Rates were amended.

  3. Summary of the Changes: 1) 2006 CONUS Federal Allowable High/Low Per Diem Rates: • High Cost Localities: Increase from $204.00 to $226.00 per day. • Other Localities: Increase from $129.00 to $141.00 per day.

  4. Summary of the Changes (cont): 2) 2006 CONUS Federal Allowable High/Low M&IE: • High Cost Localities: Increase from $46.00 to $58.00 per day. • Other Localities: Increase from $36.00 to $45.00 per day.

  5. TAXABILITY ANDREPORTABILITY • Per Diem for Other Localities increased from $129.00 to $141.00 per day. • M&IE for Other Localities increased from $36.00 to $45.00 per day. • These rates are now higher or equal to the Per Diem and M&IE rates allowed for non BU 07 employees traveling Out-of-State (U.S./CONUS).

  6. TAXABILITY ANDREPORTABILITY As a result of these changes to the CONUS High/Low Per Diem Rates, taxability and reportability no longer applies to Non BU 07 employees traveling Out-of-State (U.S./CONUS).

  7. TAXABILITY ANDREPORTABILITY Form 4C, Per Diem/M&IE/ Lodging Tax Calculation Worksheet is no longer required for Non BU 07 employees traveling Out-of-State (U.S./CONUS)

  8. HOW DOES THISAFFECT eTRAVEL? Travelers will no longer be required to input data into the “IRS Rate” column for U.S./CONUS travel only. (See next two slides for samples)

  9. Prior to January 1, 2006, BU 08 Travelers needed to input IRS rates for M&IE and Per Diem for travel within U.S./CONUS to determine if a trip was reportable/taxable. Sample completion Prior to 01/01/06 Form 4-C was required.

  10. Sample completion Sample completion After to 01/01/06 After January 1, 2006, due to changes in the FAR HI/LO Rates, BU 08 Travelers do not need to input IRS rates for M&IE and Per Diem for travel within U.S./CONUS. (These fields have been eliminated.) Form 4-C will no longer appear.

More Related