This will be of interst to those of you who pay a mileage allowance – I have copied this straight from the IRD newsletter. The motor vehicle mileage rate has been reviewed to reflect the average cost of running a motor vehicle, including the average fuel prices. The mileage rate for the 2012 income […]
Tag: mileage rate
IRD Mileage Allowance Increased
The IRD mileage allowance used by employers to compensate employees for using their private car on company business has increased from 70 cents per kilometre to 74 cents per kilometre for the 2011 tax year.