Mileage Rate 2024 Ird Nz

Mileage Rate 2024 Ird Nz. The standard business mileage rate increases by 1.5 cents to 67 cents per mile. Section de 12 (3) requires that the commissioner sets a mileage rate that taxpayers may use to calculate the expenditure or loss on a motor vehicle that represents the proportion of business.

Mileage rate 2024 ird nz ruthy claudina, as you say, the ird rate is 77c per. Inland revenue has advised the new mileage rate for motor vehicles is 77 cents per kilometre.