Employers can reimburse employees for using personal vehicles for business travel, commuting, or company-owned cars.
While Colombia does not prescribe a statutory mileage rate, companies should ensure reimbursement policies are reasonable, consistent, and well-documented.
Reimbursement options include:
- A fixed rate per kilometre
- Actual fuel and maintenance cost reimbursements
For more information on tax implications, visit the Colombian National Tax and Customs Directorate (DIAN).