Mileage Rate 2024 New Zealand. For more details, see the ird website. The calculations are based on the first 5 years of a nz new vehicle.
These rates can be used to calculate expenditure claims for the business use of a motor vehicle. Hence, a small car up to 1.5 litre is 53.2c per km and the rate goes up depending on the car to $1.07 per km for a large car over 3.5 litres.
67 Cents Per Mile Driven For Business Use.
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The 2023/2024 Kilometre Rates Have Been Published.
You can find them on our website.
Mileage Rate 2024 New Zealand Images References :
You Can Keep A Logbook To Find Out How Much You Usually Use The Vehicle For Business.
Use our kilometre rates to calculate the deduction for costs and depreciation for the business use of your vehicle.
Assuming It's A 2.0 Litre, The Aa Calculation Would Be 65C Per Km.
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