Ird Mileage Claim Rate 2024

Ird Mileage Claim Rate 2024. If you are a sole trader or qualifying close company and use the kilometre rate method to claim business vehicle costs, this new rate applies for the 2024 year, that is, 1 april. The table of rates for the 2022/2023 income year for motor vehicle expenditure claims.


Ird Mileage Claim Rate 2024

More information is available on the inland revenue website www.ird.govt.nz/ (search keywords “claiming vehicle expenses”). The tier 1 rates reflect an overall increase in vehicle running costs largely due to fuel costs.

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