Mileage Rate 2024 Ird Nz. Individuals and families ngā tāngata me ngā whānau. 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 the proportion of business use of a motor 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 the proportion of business use of a motor vehicle. While the rates have increased, many will be surprised the rate increase was not higher, given the price of petrol.