What Is The Mileage Rate In New Zealand 2024

What Is The Mileage Rate In New Zealand 2024. Following are the standard mileage rates of 2024: Hi there, for older vehicles it's best to use the ird rate of 79c/km for complete running costs or 30c/km for just fuel and maintenance costs.

The tier 1 rate is a combination of your vehicle’s fixed and running costs. For those reimbursing employees, you can use actual costs, ird mileage rates, or rate published by a reputable source like aa.