Mileage Rate 2024 Nz. Inland revenue has advised the new mileage rate for motor vehicles is 77 cents per kilometre. The 2023/2024 kilometre rates have been published.
Use our kilometre rates to calculate the deduction for costs and depreciation for the business. You can find them on our website.
You Can Keep A Logbook To Find Out How Much You Usually Use The Vehicle For Business.
The tier one rates reflect an overall increase in vehicle running.
The Rates Are $1.04 For Petrol, Diesel, Hybrid And Electric Vehicles.
As you say, the ird rate is 77c per km, however the aa rates are also acceptable to the ird, but are calculated on the type of vehicle.
Mileage Rate 2024 Nz Images References :
You Can Keep A Logbook To Find Out How Much You Usually Use The Vehicle For Business.
The rates are $1.04 for petrol, diesel, hybrid and electric vehicles.
As You Say, The Ird Rate Is 77C Per Km, However The Aa Rates Are Also Acceptable To The Ird, But Are Calculated On The Type Of Vehicle.
This new rate applies for the 2024 year (i.e., 1 april 2023โ31.