What Is The Mileage Rate For 2024 Nz. These rates can be used to calculate expenditure claims for the business use of a motor vehicle. Inland revenue has advised the new mileage rate for motor vehicles is 77 cents per kilometre.

The rates set out below apply for the 2023/2024 income year for business motor vehicle expenditure claims. The table of rates for the 2022/2023 income year for motor vehicle expenditure claims.