Mileage Rate 2024 Nz

Mileage Rate 2024 Nz

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). Following are the standard mileage rates of 2024:


Mileage Rate 2024 Nz

The calculations are based on the first 5 years of a nz new vehicle. Different vehicle types are entitled to different mileage rates.

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.

This Rate Applies To Self Employed Taxpayers With Up To A Maximum Of 5,000.

For distances greater than 5,000 km, you must keep a.

Images References :

The Bill Includes Proposed Changes Expected To Take Effect On Or Before 1 April 2024.

For distances greater than 5,000 km, you must keep a.

In Addition, There Are Some Rate Changes, And Residual Items (Introduced In 2022 And.

Ird mileage rate nz 2024.