Kilometer Rate 2024 Nz

Kilometer Rate 2024 Nz. Sole traders or qualifying close companies can use the kilometer rate method to claim business vehicle costs; These rates can be used to calculate expenditure claims for the business use of a motor vehicle.


Kilometer Rate 2024 Nz

The rates are $1.04 for petrol, diesel, hybrid and electric vehicles for up to 14,000 km. The tier 1 rates reflect an overall increase in vehicle running costs largely due to fuel costs.

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