Mileage Rate 2024 Ird Nz. The rates set out below apply for the 2023/2024 income year for business motor vehicle expenditure claims. Every year, new zealand's commissioner of inland revenue sets the motor vehicle kilometer (km) expense rates for businesses.

The newest official rate is 95 cents per km for the first (total) 14,000 km you’ve driven for petrol,. Tier 1 rates have reduced to reflect lower fuel,.