How much is it? Car gas is 50.5 cents per mileage. What is it for a diesel truck? Cost for wear and tear of truck? For car I was told 29 cents per mile.
If you're asking for tax reasons allowance is on form. If you use for business only you can deduct all expense's. if for pleasure and business you have to average mileage for each.
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If you're asking for tax reasons allowance is on form. If you use for business only you can deduct all expense's. if for pleasure and business you have to average mileage for each.
I am unaware where you live and what are the cost of various element in answering the query.
But generically:
Calculate Estimated cost of ownership assuming certain miles per month, number of years of ownership.
Then the cost of ownership is:
Cost of vehicle+ cost of finance+ cost of maintenance+cost of fuel for the assumed miles- resale value
Then the cost of driving is the cost of ownership/estimated miles of running. Which should be the cost of reimbursement also