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Mike_Collis_NZ

Hi. Could you please assist me by recommending a mileage reimbursement rate for an employees 2004 Camry 3.0P Sportivo Sedan? I understand you only keep figures for vehicles up to 6 years old, but didn't want to pluck a figure out of mid air. Many thanks in advance, Mike.

Anon

Hi there,
Your best bet will be to use the IRD rate of 77 cents per km.
This is a good average to use.
Ours are more a running cost and a reimbursement rate is one you negotiate and can use this as a guide if needed.