How do you calculate total trip time?
How do you calculate total trip time? To solve for time, divide the distance traveled by the rate. For example, if Cole drives his car 45 km per hour and travels a total of 225 km, then he traveled for 225/45 = 5 hours.
How do you calculate work travel?
(% of business-related miles) x (misc. car expenses) ÷ 365 = average daily cost of business travel. If you use the standard mileage rate, then you may simply replace miscellaneous car expenses with this rate.
What should you charge for travel time?
Some bill at their full hourly rate and some bill at half their hourly rate. There is usually a cap of 8-10 hours a day even if your travel takes longer. Most people try to do as much legitimate billable work as possible while traveling and bill that time at full rate.