New zealand's inland revenue (ir) has just released its vehicle kilometre (km) rates for the 2021 income year, and it’s not good news, particularly for employers who will need to. Claim expenses for business use of a vehicle using actual costs or logbooks and kilometre rates for the current year.
Tier 1 rates have reduced to reflect. The rates set out below apply for the 2023/2024 income year for business motor vehicle expenditure claims.
For Distances Greater Than 5,000 Km, You Must Keep A Record Of.
Tier 1 rates have reduced to reflect.
In Addition, There Are Some Rate Changes, And Residual Items (Introduced In 2022 And.
To help in calculating an employee’s reimbursement when they use their private vehicle for work.
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This Rate Applies To Self Employed Taxpayers With Up To A Maximum.
Ato mileage rate 2023/2024 in australia;
In Accordance With S De 12 (4) The Commissioner Is Required To Set And Publish Kilometre.