Nz Mileage Rate 2024. The tier 1 rate is a combination of your vehicle's fixed and running costs. After 14,000 km the rates are lower, and differ depending on.
The ford territory ghia running costs is 107.7cents/km. Inland revenue has advised the new mileage rate for motor vehicles is 77 cents per kilometre.
In Accordance With S De 12 (4) The.
Use it for the business portion of the first 14,000 kilometres travelled by the vehicle in a year.
The Change Is Expected To Bring In An Extra $530 Million Over The 2024/2025 And 2026/2027 Years.
If you have already filed your 2023 income tax return and relied on the 2022 kilometer rates, depending on the amount of the difference between the two amounts,.
This Includes Private Use Travel.
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The Claim Will Be Limited To 25% Of The Vehicle Running Costs As A Business Expense.
Changes coming in april 2024.
The Change Is Expected To Bring In An Extra $530 Million Over The 2024/2025 And 2026/2027 Years.
Check to see if we expect changes to the rates and how to use them.
This Rate Applies To Self Employed Taxpayers With Up To A Maximum.
