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Hi
I drive a 3.5l Nissan Presage. What would be an accurate mileage reimbursement rate? I am currently receiving the IRD rate of 77c/km but hardly seems fair as a little 1.1l is entitled to the same.
Thanks
Carol
The IRD rate takes an average across all vehicles. The AA rate for a 3.5 litre vehicle would be 78.8c per km, assuming it's a relatively late model vehicle.
A small 1.1 litre car is 53.2c per km.
As far as reimbursement is concerned, this is a negotiation between the parties involved, but either IRD or AA rates are usually used as the basis for negotiation.