Nz Mileage Rate 2024. This new rate applies for the 2024 year (i.e., 1 april 2023—31 march 2024, assuming a standard balance date). After 14,000 km the rates are lower, and differ depending on vehicle type.
This new rate applies for the 2024 year (i.e., 1 april 2023—31 march 2024, assuming a standard balance date). The table of rates for the 2023 income year.
The Tier Two Rate Is Applied To Any Travel Over 14,000 Kilometres In A Tax Year.
Following are the standard mileage rates of 2024:
The Rates Set Out Below Apply For The 2023/2024 Income Year For Business Motor Vehicle Expenditure Claims.
The tier two rate is for running costs only.
Nz Mileage Rate 2024 Images References :
Tier 1 Rates Have Reduced To Reflect Lower Fuel, Interest And Maintenance Costs.
You can find them on our website.
To Help In Calculating An Employee’s Reimbursement When They Use Their Private Vehicle For Work Purposes Use The Following Link On The Ird Website:
The table of rates for the 2022/2023 income year for motor vehicle expenditure claims.