How is the mileage reimbursement amount calculated?

  • Updated

The mileage feature is available in the Expense and Spend Management add-on. Please check this page to know more about add-ons.

What is the rate per km for my vehicle?

Each year, the Spanish tax administration establishes guidelines for mileage reimbursement.

The AEAT has established, on July 17, 2023, that the amount would be €0.26 per kilometre, so the calculation would be as follows:

  • d*0,26
    d= distance traveled

 

How is the total distance calculated?

The requester selects the starting and ending point using Google Maps from the Qonto app. To calculate the distance, we use an integration with Google Maps to get an accurate route.

 

How is the total amount calculated?

The total amount to be refunded is calculated by multiplying the total distance traveled (in a single request) by the rate per km.

👉 Let us assume that the applicant traveled 50 km. The rate per km is 0.26 euros. Therefore, the total amount to be reimbursed will be 0.26 multiplied by 50, which equals €13.