Summary

What is changing?

Why is it changing?

How does this affect you?

Meal Rate Increases

Taxable Reimbursements

Travel Advances

Payment Schedule

Example

Important Considerations
  for Employees

Reimbursement Changes Brochure

Summary of Changes

Beginning in calendar year 2005, some changes will be made to the way employee reimbursements are handled. 

• Required taxes will be withheld from some types of payments.
• The meal reimbursement rate will go up to offset these taxes.
• The payments will be issued from the payroll system, so the taxes can be withheld.

The changes described on these web pages apply to employees on Central Payroll, not to employees on the Board of Regents payroll system.

The IRS requires that the state withhold taxes from certain types of reimbursements.  Because of this, all employee payments will be issued from the payroll system, even those payments which do not need to be taxed.

Please review the information presented here.