Do you have questions about using your car for work? Or buying a car for business use? Not sure if you should lease, buy, or just invoice the business for the millage?
Here are the most common questions we get about motor vehicle expenses:
Can I claim GST on a Vehicle Purchase?
How do I go about purchasing a vehicle for business use?
When to lease and when to buy?
How to motor vehicle allowances work in 2020?
How does motor vehicle a logbook work? What do I need to do?
What is the IRD Milage rate for 2020?
The truth is every business is different, and what works for Jane might not work for Joe. To get the most out of small business vehicle rules you need an accountant who knows their stuff.
Unhappy with your current accountant or want to outsource your accounting?
Do you have questions and need accounting advice you can trust but are scared every phone call will cost you hundreds of dollars? Make sure you don’t overpay a cent in GST and tax and keep on top of your business accounting. Choose Xebra tax fixed-rate accounting services. You only pay a set monthly fee for reporting and you can ask the occasional question like this free of charge. Get in touch today to see how we can provide value.