2024 Mileage Rate Nz

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. The table of rates for the 2022/2023 income year for motor vehicle expenditure claims.

The tier one rate is used for the first 14,000 kilometres travelled by the vehicle in a tax year (including both business and personal purposes). 67 cents per mile driven for.

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

New zealand's inland revenue (ir) has recently published the 2023 kilometer (km) rates, so it’s time to.

67 Cents Per Mile Driven For.

After 14,000 km the rates are lower, and differ depending.

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Hence, A Small Car Up To 1.5 Litre Is 53.2C.

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.

The Tier 1 Rate Is A Combination Of Your Vehicle's Fixed And Running Costs.

Mileage rate is a term that refers to a monetary rate set by the tax authority for mileage reimbursement or deductions.