Ird Mileage Rates 2024 New Zealand

Ird Mileage Rates 2024 New Zealand. There are two ways to claim for vehicle use… you can claim vehicle expenses using ird’s reimbursing rate, (x cents per kilometre) but you’ll need to keep an ongoing log of all your business trips all year round. Inland revenue has advised the new mileage rate for motor vehicles is 77 cents per kilometre.

The 2024 income year rates were published on 30 may 2024. The rates are $1.04 for petrol, diesel, hybrid and electric vehicles.