Standard Mileage Rate 2024 Nz. Rates are reviewed on a quarterly basis. Lower mileage rate announced new zealand's inland revenue (ir) has just released its vehicle kilometre (km) rates for the 2021 income year, and itโs not good news,.
Use our kilometre rates to calculate the deduction for costs and depreciation. The new rules require such people to choose between using the costs method (which is based on keeping records of actual costs incurred) or a kilometre rate.