Ird Kilometer Rate 2024. The 2023/2024 kilometre rates have been published. The table of rates for the 2022/2023 income year for motor vehicle expenditure claims.
The table of rates for the 2022/2023 income year for motor vehicle expenditure claims. From 1 july 2024, the cents per kilometre rate for calculating motor vehicle expenses is 88 cents per kilometre.
Rates Are Reviewed On A Quarterly Basis.
The 2023/2024 kilometre rates have been published.
The Rates Set Out Below Apply For The 2023/2024 Income Year For Business Motor Vehicle Expenditure Claims.
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 2023 year, being the year.
Ird Kilometer Rate 2024 Images References :
Using The Tier 1 And Tier 2 Rates The Tier 1 Rate Is A.
From 1 july 2024, the cents per kilometre rate for calculating motor vehicle expenses is 88 cents per kilometre.
Below Are The Rates Per Kilometre For The 2023/2024 Tax Year.
Every year the commissioner of the inland revenue sets the motor vehicle kilometre expense rates for businesses.