Mileage Rate 2024 Ird Nz. As you say, the ird rate is 77c per km, however the aa rates are also acceptable to the ird, but are calculated on the. 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 2024 year, that is, 1 april.
As you say, the ird rate is 77c per km, however the aa rates are also acceptable to the ird, but are calculated on the type of vehicle. Section de 12 (3) requires that the commissioner sets a mileage rate that taxpayers may use to calculate the expenditure or loss on a motor vehicle that represents.