Mileage Rate 2024 Nz Ird. This is tax free if it reimburses their additional transport costs and they: Individuals and families ngā tāngata me ngā whānau.
Section de 12 (3) requires that the commissioner sets a mileage rate that taxpayers may use to calculate the expenditure or loss on a motor vehicle that represents the proportion. The rates set out below apply for the 2023/2024 income year for business motor vehicle expenditure claims.