Kilometer Rate 2024 Nz

While the rates have increased, many will be surprised the. You can find them on our website.


Kilometer Rate 2024 Nz

The tier one rates reflect an overall increase in vehicle running costs. As you say, the ird rate is 77c per km, however the aa rates are also acceptable to the ird, but are calculated on the type of vehicle.

See How To Use Them According To Your Employment Situation.

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

The 2023/2024 Kilometre Rates Have Been Published.

The tier one rates reflect an overall increase in vehicle running costs.

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Below Are The Rates Per Kilometre For The 2023/2024 Tax Year.

We publish the kilometre rates after each tax year.

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

If you are a sole trader or qualifying close company and use the kilometer rate method to claim business vehicle costs, this new rate applies for the 2023 year,.