Motor Vehicle Mileage Rate 2025 Nz . The rates set out below apply for the 2023/2025 income year for business motor vehicle expenditure claims. The rates are $1.04 for petrol, diesel, hybrid and electric vehicles for up to 14,000 km.
The ird has undertaken its annual review of motor vehicle mileage rates and has reduced the rate to 72 cents per kilometre for both petrol and diesel vehicles. The tier 1 rate is a combination of your vehicle’s fixed and running costs.
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2025 Mileage Rate Nz Letti Kessia , There are two ways to claim for vehicle use… you can claim vehicle expenses using ird’s reimbursing rate, (x cents per kilometre) but you’ll need to keep an ongoing log of all your business trips all year round.
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2025 Mileage Rate Nz Merci Corella , Claim expenses for business use of a vehicle using actual costs or logbooks and kilometre rates for the current year.
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2025 Cars Best Gas Mileage Gladi Kaitlyn , The table below outlines the rates you can claim for business motors vehicle expenditure for the 2025 income year.
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Cra Mileage Allowance 2025 Esme Ofelia , Claim expenses for business use of a vehicle using actual costs or logbooks and kilometre rates for the current year.
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Rate Of Mileage Reimbursement 2025 Val Libbie , There are two ways to claim for vehicle use… you can claim vehicle expenses using ird’s reimbursing rate, (x cents per kilometre) but you’ll need to keep an ongoing log of all your business trips all year round.