AA Car costs and IR23

[[email protected]]

It is time to do the loss estimates for IR23ES Special Tax code renewal. Does anyone Know the latest Car costs per kilometer for a car over 2000cc published by the AA.

[roseneath_rat]

Useful figures from the IRD website:
Motor vehicles - annual work-related kilometres

1 to 3,000 km : $0.62 per km
3,001 km and over $0.19 per km

OR

Flat rate, Any distance $0.28 per km

http://www.ird.govt.nz/payroll-emplo...eagerates.html

[CJ]

If you have a big engine, I think the AA rates are better.

however, my car (when I had one) came out exactly (including petrol/tyres/insurance/maintenance - I was a bit [email protected] I know) at the rate work gave me which was the 62c I think and this was for a 2l turbo. A lot of driving was open road so it wouln't have been enough for city only driving.