Mileage Rate 2024 Ird. 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 2024 year, that is, 1. These rates can be used to.


Mileage Rate 2024 Ird

The rates set out below apply for the 2022/2023 income year for business motor vehicle expenditure claims. The rates are $1.04 for petrol, diesel, hybrid and electric vehicles for up to 14,000 km.

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