Standard Mileage Rate 2024 Nz

Standard Mileage Rate 2024 Nz. The tier 1 rates reflect an overall increase in. The rates are $1.04 for petrol, diesel, hybrid and electric vehicles for up to 14,000 km.


Standard Mileage Rate 2024 Nz

The tier one rates reflect an overall increase in vehicle running costs largely due to fuel costs, insurance and interest rates. The rates set out below apply for the 2023/2024 income year for business motor vehicle expenditure claims.

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