Standard Mileage Rate 2024 Nz. The rates set out below apply for the 2023/2024 income year for business motor vehicle expenditure claims. Tier 1 rates have reduced to reflect.

Tier 1 rates have reduced to reflect. 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.