Mileage Rate 2024 Nz Ird. The rates set out below apply for the 2023/2024 income year for business motor vehicle expenditure claims. The newest official rate is 95 cents per km for the first (total) 14,000 km you’ve driven.
This new rate applies for the 2024 year (i.e., 1. Hence, a small car up to 1.5 litre is 53.2c.