Government Mileage Rate 2024 Nz. As you say, the ird rate is 77c per km, however the aa rates are also acceptable to the ird, but are calculated on the type of vehicle. Inland revenue has advised the new mileage rate for motor vehicles is 77 cents per kilometre.
From 1 april, this rate will increase from a maximum $136 to a maximum $144 a week for the oldest child in a family, and from $111 to $117 per week for subsequent. Hence, a small car up to 1.5 litre is 53.2c.
Use It For The Business Portion Of The First 14,000 Kilometres Travelled By The Vehicle In A Year.
Rates are set by fiscal year, effective oct.
The Budget Policy Statement 2024 Is The First Document In The Budget 2024 Cycle.
The government intends to spend a record.
The Transport Relief Package Has Ended.
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The Minister Of Finance, Hon Nicola Willis, Will Deliver Budget 2024 On 30 May 2024.
New zealand's commissioner of inland revenue is required to regularly set kilometre (km) rates so that.
The Following Table Sets Out The Key Percentage Changes In Monthly And Annual Prices.
The tier 1 rate is a combination of your vehicle’s fixed and running costs.