Current Mileage Rate 2024 Nz

Current Mileage Rate 2024 Nz

67 cents per mile driven for. Hence, a small car up to 1.5 litre is 53.2c.


Current Mileage Rate 2024 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 2024 year, that is, 1. The tier 1 rates reflect an.

The Rates Are $1.04 For Petrol, Diesel, Hybrid And.

Inland revenue has advised the new mileage rate for motor vehicles is 77 cents per kilometre.

After 14,000 Km The Rates Are Lower, And Differ.

Following are the standard mileage rates of 2024:

Images References :

Using The Tier 1 And Tier 2 Rates.

Hence, a small car up to 1.5 litre is 53.2c.

This Rate Applies To Self Employed Taxpayers With Up To A Maximum.

The tier 1 rate is a combination of your vehicle’s fixed and running costs.