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UsHepburns
By UsHepburns | Community user | 1 Post | 26 March 2013 at 9:20pm

Hi,
What is your reimbursement rate ($/km) for a Ford Territory Ghia (2010) please?
Thanks.

Anon
By Donavan | AA Expert | 1049 Posts | 27 March 2013 at 8:45am

The Ford Territory Ghia running costs is 107.7cents/km.

quidnunc
By quidnunc | AA Member | 3 Posts | 4 April 2013 at 10:39am

Just a wee query - are the AA/IRD mileage allowance rates (currently 77c per km) GST-exclusive or GST-inclusive? I always thought these were GST-inclusive (as the components used in the calculations all seem to be GST-inclusive), but the Ministry of Justice website says they are GST-exclusive. They've now confused me (which isn't dificult at my age <grin>)..
And the answer is ..?

AScottAA
By AScottAA | Community user | 1 Post | 5 April 2013 at 5:12pm

In simple terms the AA/IRD rate is exempt of GST because the calculation includes an amount for Depreciation. Depreciation is exempt for GST purposes therefore not all components are GST inclusive.
Also the rate is an estimate/approximation and as such does not meet the requirements in the GST act for a GST deductible expense.

quidnunc
By quidnunc | AA Member | 3 Posts | 5 April 2013 at 5:21pm

So if I, as a GST trader, have to on-charge mileage (which I have reimbursed my staff and who are working on a client's job) to my client, then I would add GST on top of the mileage cost (of 77c), and then the client would deduct it, so that the GST effect is neutral with respect to IRD.
Is my logic correct?

tomfiz14
By tomfiz14 | Community user | 1 Post | 15 July 2013 at 7:36pm

What is the staff reimbursement rate for a Toyota Hilux diesel per kilometre?

pjcw1973
By pjcw1973 | AA Member | 3 Posts | 13 August 2013 at 3:51pm

Hi. I am a chartered accountant (who specialises in Tax)
Mileage rates do not have ANY gst on them.

You can't claim GST on a mileage rate.

Cheers

Peter
peter@oktillion.co.nz

pjcw1973
By pjcw1973 | AA Member | 3 Posts | 13 August 2013 at 3:57pm

I wouldn't add GST on top of the mileage rate to begin with. It is exempt from GST. I am sure your customers would rather not pay an extra 15% even if they could claim it back later on.

Cheers

Peter