Standard Mileage Rate 2024 Nz

Standard Mileage Rate 2024 Nz. Sole traders or qualifying close companies can use the kilometer rate method to claim business vehicle costs; In accordance with s de 12 (4) the commissioner is required to set and publish kilometre rates.


Standard Mileage Rate 2024 Nz

Mileage rate is a term that refers to a monetary rate set by the tax authority for mileage reimbursement or deductions. The rates set out below apply for the 2023/2024 income year for business motor vehicle expenditure claims.

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