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Hi, I supply my personal car for work use. I would do approximately 35,000km per year for work purposes. The car is a 2007 Honda Accord Euro - 2.4 litres. What rate should my employer be reimbursing me at? The IRD rate for 2012 was 77cents/kilometre, but I don't see a more recent rate. Thanks.
The AA running costs for a 2.4L petrol vehicle is 78.8 cents/km. You should use this to negotiate a fair re-imbursement rate with your employer. The current IRD rate is 77 cents/km.