Ird Mileage Rate Nz 2024


Ird Mileage Rate Nz 2024. The rates set out below apply for the 2023/2024 income year for business motor vehicle expenditure claims. You can find them on our website.


Ird Mileage Rate Nz 2024

Section de 12 (3) requires that the commissioner sets a mileage rate that taxpayers may use to calculate the expenditure or loss on a motor vehicle that represents the proportion of business. This new rate applies for the 2024 year (i.e., 1 april 2023โ€”31 march 2024, assuming a standard balance date).

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