Kilometer Rate 2024 Nz

Kilometer Rate 2024 Nz. The tier 1 rate is a combination of your vehicle's fixed and running costs. The table below outlines the rates you can claim for business motors vehicle expenditure for the 2024 income year.


Kilometer Rate 2024 Nz

Sole traders or qualifying close companies can use the kilometer rate method to claim business vehicle costs; This rate applies to self employed taxpayers with up to a maximum of 5,000.

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