Mileage Rate 2024 Ird Nz . This rate applies to self employed taxpayers with up to a maximum. The rates set out below apply for the 2023/2024 income year for business motor vehicle expenditure claims.
Inland revenue has advised the new mileage rate for motor vehicles is 77 cents per kilometre. The tier 1 rates reflect an overall increase in vehicle running costs largely due to fuel costs.
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