Ird Mileage Rate Nz 2024
Ird Mileage Rate Nz 2024
The table of rates for the 2024 income year. The rates set out below apply for the 2022/2023 income year for business motor vehicle expenditure claims.
The tier 1 rate which applies to the first 14,000 km is set at $0.76 per kilometre, while the tier 2 rate which applies where running exceeds 14,000 km is set at $0.26 for petrol or. The tier two rate is.
You Can Keep A Logbook To Find Out How Much You Usually Use The Vehicle For Business.
Ird mileage reimbursement rates in new zealand.
Different Vehicle Types Are Entitled To Different Mileage Rates.
The bill includes proposed changes expected to take effect on or before 1 april 2024.
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Use The Tier Two Rate For The Business Portion Of Any Travel Over 14,000 Kms.
Believe it was early may last year for the 2023 rates.
Tax Rates For Businesses Businesses And Organisations Pay Income Tax On Their Profit.
Income tax for companies imputation.