Nz Mileage Rate 2024. Different vehicle types are entitled to different mileage rates. Hence, a small car up to 1.5 litre is 53.2c.
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,. The tier one rate is used for the first 14,000 kilometres travelled by the vehicle in a tax year (including both business and personal purposes).