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israkiwi
By israkiwi | AA Member | 1 Post | 26 May 2013 at 10:06am

Hi the employees at my work are trying to reach an agreement with management about Km reimbursement. We have multiple employees with different cars: I have a 2005 Honda Fit 1.3 L , but the one of the other main drivers has a Toyota Camry (2.2 or 2.4L) there are a few other cars as well ranging in size. What is a good average Km cost we should negotiate with management? Thanks in advance for your assistance.

Anon
By Donavan | AA Expert | 1049 Posts | 27 May 2013 at 9:12am

The petrol 1.3L running cost is 52.9c/km whereas the 2.2L or 2.4L is 79.1c/km. The IRD use an average rate of 77 cents per km - the average IRD rate might be a good option in this instance.