January 2018 updates

* Gross Receipts Tax rates increased for all of Santa Fe County. > See the new rates here

* Albuquerque minimum wage increases to $8.95 effective 1/1/2018 ($7.95 if employer provides healthcare, $5.35 for tipped employees), details here. Santa Fe’s minimum wage remains at $11.09 until further notice.

* Also effective 1/1/2018, the standard mileage rates for the use of a car will be:

• 54.5 cents for every mile of business travel driven, up 1 cent from the rate for 2017
• 18 cents per mile driven for medical or moving purposes, up 1 cent from the rate for 2017
• 14 cents per mile driven in service of charitable organizations