2024 Mileage Rate Nz Calculator. They provide valuable information that can be used by employers and employees to negotiate reimbursement rates, calculate mileage rates to charge clients, compile ird tax returns or for. Every year, new zealand's commissioner of inland revenue sets the motor vehicle kilometer (km) expense rates for businesses.
The rates are $1.04 for petrol, diesel, hybrid and electric vehicles. While the rates have increased, many will be surprised the rate increase was not higher, given the price of petrol.