Ird Vehicle Mileage Rate 2024 Nz. If you are a sole trader or qualifying close company and use the kilometre rate method to claim business vehicle costs, this new rate applies for the 2023 year, being the year. Below are the rates per kilometre for the 2023/2024 tax year.


Ird Vehicle Mileage Rate 2024 Nz

This rate applies to self employed taxpayers with up to a maximum of 5,000. If you’re going the mileage route, you can’t claim your vehicle’s depreciation as it’s already included in this method!

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