Ird Mileage Rates 2024 Nz

Ird Mileage Rates 2024 Nz. The newest official rate is 95 cents per km for the first (total) 14,000 km you’ve driven for petrol,. Learn how the inland revenue sets the motor vehicle kilometre expense rates for businesses and employees for the 2024 income year.

The rates are $1.04 for petrol, diesel, hybrid and electric vehicles for up to 14,000 km. Compare the tier one and tier two rates for different vehicle types and travel distances.