Ird Vehicle Mileage Rate 2024 Nz. As you say, the ird rate is. The tier one rates reflect an overall increase in vehicle running.
The rates set out below apply for the 2023/2024 income year for business motor vehicle expenditure claims. This new rate applies for the 2024 year (i.e., 1.
The Tier One Rates Reflect An Overall Increase In Vehicle Running.
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.
How To Use A Logbook To Calculate The Amount You Can Claim For Business Use Of A Vehicle.
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.
The tier two rate is for running costs.
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.