2024 Mileage Rate Nz

95 cents per kilometer for petrol or diesel in tier 1 rate; Claiming nz vehicle expenses doesn't need to be hard.

The claim will be limited to 25% of the vehicle running costs as a business expense. If your vehicle isn’t petrol, diesel, hybrid, or electric (???), then you must use the actual costs method.

This Includes Private Use Travel.

Believe it was early may last year for the 2023 rates.

For Distances Greater Than 5,000 Km, You Must Keep A Record Of Actual Vehicle Expenses.

Below are the rates per kilometre for the 2023/2024 tax year.

Images References :

The Claim Will Be Limited To 25% Of The Vehicle Running Costs As A Business Expense.

Cra mileage rate 2024 in canada;

Mileage Rates In New Zealand:

It could well be 77c per km but not necessarily.