Using a motor vehicle for business – a quick refresher

Using a motor vehicle for business – a quick refresher

  To help us apply the correct claim and IRD rates to your motor vehicle, we’ll want to know: Your odometer reading on 31 March The total kilometres travelled for the year Your business kilometres travelled during the year Whether you’ve exceeded 14,000 business kilometres (this affects whether Tier 2 IRD rates apply) Whether any vehicles were purchased or sold during the year. Tracking…