November 30, 2024

Hynda Melinde

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2024 Mileage Rate Nz

2024 Mileage Rate Nz. If you are a sole trader or qualifying close company and use the kilometre rate method to claim business vehicle costs, this new rate applies for the 2023 year, being the year. The rates set out below apply for the 2023/2024 income year for business motor vehicle expenditure claims.


2024 Mileage Rate Nz

The rates are $1.04 for petrol, diesel, hybrid and electric vehicles for up to 14,000 km. These operational statements provide further information on the use of the kilometre rates:

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