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Mileage Rate 2024 Ird Nz

Mileage Rate 2024 Ird Nz. Kilometre rates for business use of vehicles. The tier one rates reflect an overall increase in vehicle running.


Mileage Rate 2024 Ird Nz

The rates set out below apply for the 2023/2024 income year for business motor vehicle expenditure claims. You can use kilometre rates to work out allowable expenses for business of a vehicle.

The Newest Official Rate Is 95 Cents Per Km For The First (Total) 14,000 Km You’ve Driven.

Sole traders or qualifying close companies can use the kilometer rate method to claim business vehicle costs;

Use Our Kilometre Rates To Calculate The Deduction For Costs And Depreciation.

The tier one rates reflect an overall increase in vehicle running.

Mileage Rate 2024 Ird Nz Images References :

Sole Traders Or Qualifying Close Companies Can Use The Kilometer Rate Method To Claim Business Vehicle Costs;

You can find them on our website.

The Rates Set Out Below Apply For The 2023/2024 Income Year For Business Motor Vehicle Expenditure Claims.

The rates are $1.04 for petrol, diesel, hybrid and.