Ird Vehicle Mileage Rate 2024 Nz. 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. The tier one rates reflect an overall increase in vehicle running.
The tier 1 rates reflect an overall increase in vehicle running costs largely due to fuel costs. 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.