Fees framework for members appointed to bodies in which the ...
Fees framework for members appointed to bodies in which the ...
Fees framework for members appointed to bodies in which the ...
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CO (09) 5<br />
17 The advantage of us<strong>in</strong>g this method is that you only use <strong>the</strong> flat rate <strong>for</strong> related travel. It also<br />
benefits those <strong>members</strong> who use a vehicle almost exclusively <strong>for</strong> work purposes.<br />
Example<br />
The member's car is used entirely <strong>for</strong> <strong>the</strong> job. The only private runn<strong>in</strong>g, from <strong>the</strong> member's<br />
home <strong>to</strong> <strong>the</strong> place of work, amounts <strong>to</strong> 1,000 km per year. Work-related travel is estimated<br />
at 12,000 km <strong>for</strong> <strong>the</strong> year. The car comes with<strong>in</strong> <strong>the</strong> 1,301 <strong>to</strong> 1,600 cc rat<strong>in</strong>g band. The<br />
calculation of <strong>the</strong> <strong>in</strong>dividual rate is:<br />
Annual runn<strong>in</strong>g = 13,000 divided by fixed costs <strong>for</strong> cc class ($4,507)<br />
= 34.66 cents per km<br />
Plus runn<strong>in</strong>g costs =<br />
17.02 cents per km<br />
Individual special rate = 51.68 cents per km<br />
The member can be reimbursed at a rate of up <strong>to</strong> 52 cents <strong>for</strong> each work-related kilometre.<br />
18 Where all <strong>members</strong> of a body use <strong>the</strong>ir vehicles almost solely <strong>for</strong> work purposes, or travel<br />
considerable distances, you can calculate average <strong>in</strong>dividual special rates <strong>to</strong> suit groups of<br />
<strong>members</strong> ra<strong>the</strong>r than calculat<strong>in</strong>g a special rate <strong>for</strong> each person. The special rates can be<br />
different <strong>for</strong> each statu<strong>to</strong>ry body.<br />
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