How much should i charge per km nz
WebPetrol excise duty remains at its current reduced rate of 45.02 cents per litre until 30 June 2024 Reduced road user charges rates have been reintroduced and apply until 30 June 2024. All rates are reduced by 36 percent. You can contact Waka Kotahi with questions about individual rates. WebSep 12, 2024 · The Tier Two rate for petrol and diesel vehicles is 26 cents per kilometre, for petrol-hybrid vehicles 18 cents per kilometre, and electric vehicles 9 cents per kilometre. The Operational Statement also considers the reimbursement of employees for using their private motor vehicle for their employer’s business.
How much should i charge per km nz
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WebRoad user charges for a light vehicle will cost $49 per 1,000 kilometres during the reduction period, down from the ordinary rate of $76 per 1,000 kilometres. The reductions to RUC … WebJan 19, 2024 · Total Cost per Mile To determine the total monthly cost per mile, simply add the fixed, variable and salary costs. Here is the total cost per mile for the fictional Chuck’s Trucks in the month of August: Knowing your trucking company’s cost per mile benefits you in …
WebTier one: 14,000 km x $0.83 x 60% = $6,972 Tier two: 16,000 km x $0.31 x 60% = $2,976 Total deduction = $6,972 + $2,976 = $9,948 You do not need to consider GST and the rates include vehicle depreciation, so don’t claim a separate depreciation deduction for the vehicle. The actual costs method
WebJan 11, 2024 · To calculate how much fuel you will need, here is the formula used by our fuel cost calculator: Fuel = Distance / Fuel efficiency. For instance, if you wish to travel 100 km with a vehicle with a fuel efficiency of 5 kilometers per liter, substitute these variables into the formula above:. Fuel = 100 / 5 = 20 liters WebInformation you need. Before you can use this calculator, you need to know your vehicle type and its 'RUC weight'. RUC weight is the lesser of the: maximum allowable mass for the RUC weight under section 4, Part 1 of the Land Transport Rule: Vehicle Dimensions and Mass 2016 (VDAM Rule 2016). All amounts shown in this calculator include GST, but ...
WebMay 30, 2024 · This includes private use travel. The Tier 2 rate is for running costs only. Use it for the business portion of any travel over 14,000 kilometres in a year. Vehicle type. Tier 1 rate per km. Tier 2 rate per km. Petrol or diesel. 83 cents. 31 cents.
WebAug 5, 2024 · You then need to apply the business use percentage to both the GST amount and the GST exclusive amount to get the claimable portion. Eg. if you use your vehicle 50% of the time for business then the GST claimable portion will be $32.61 x 50% = $16.31. And the income tax claimable portion is $217.39 x 50% = $108.70. bird guide north americaWeb$50,000 divided by your 1,350 hours means you need to add another $37.00 to your income charge - bringing your new hourly rate up to $98.00 per hour. Add in a profit margin So far, we’ve covered required income and overheads. Now we need to factor in a profit margin, otherwise the business won’t be able to grow. bird of prey identification in flightWebmaximum allowable mass for the RUC weight under section 4, Part 1 of the Land Transport Rule: Vehicle Dimensions and Mass 2016 (VDAM Rule 2016). All amounts shown in this … bird of paradise foldWebThe official NZAA 2011 rate based on this engine size ( but covers ownership of a new vehicle for up to 5-years) is 78.1 cents per kilometre. These rates take into account … bird pecking at windowWebJun 8, 2024 · The rates for 2024 are as follows: Petrol or diesel: Tier 1 – 79c (down from 82c in 2024); Tier 2 – 27c (down from 28c in 2024). Petrol hybrid: Tier 1 – 79c (down from 82c … bird specialist nameWebHe goes on to say: “I don't begrudge paying the going rate for expert work, but it didn't sound fair to be charged around £90 an hour while the roofer was sitting in his van in traffic.” I can relate to this because I know what it’s like to travel great distances for work. bird store jefferson city moWebAug 2, 2024 · Per Mile Wear and Tear = $0.66 ($9903 / 15,000 miles) Staff Costs - $0.517 per mile Distance to Venue: 38.7 Miles Travel Time: 1 Hour Hourly Rate: $20 Cost per mile … bird wearing shoes