Mileage Rate 2024 New Zealand To India. 1, 2024, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: The rates are $1.04 for petrol, diesel, hybrid and electric vehicles.
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 2023 year, being the year. While the rates have increased, many will be surprised the rate increase was not.
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