2024 Mileage Rate Nz. 91k subscribers in the personalfinancenz community. After 14,000 km, the rates are $0.35 for diesel and petrol vehicles, $0.21 for hybrid vehicles, and $0.12 for electric vehicles.
Hence, a small car up to 1.5 litre is 53.2c per km and the rate goes up depending on the car to $1.07 per km for a large car over 3.5 litres. We publish the kilometre rates after each tax year ends on 31 march.
Use It For The Business Portion Of The First 14,000 Kilometres Travelled By The Vehicle In A Year.
The tier 1 rates reflect an overall increase in vehicle running costs largely due to fuel costs.
New Vehicle Mileage Rates You Should Know.
The tier one rates reflect an overall increase in vehicle running costs largely due to fuel costs, insurance and interest rates.
2024 Mileage Rate Nz Images References :
We Publish The Kilometre Rates After Each Tax Year Ends On 31 March.
The tier 1 rate is a combination of your vehicle's fixed and running costs.
We Publish The Kilometre Rates After Each Tax Year Ends On 31 March.