Mileage Rate 2024 Ird

Mileage Rate 2024 Ird. 67 cents per mile driven for business use, up 1.5 cents. Use the tier two rate for the business portion of any travel over 14,000 kms in a year.


Mileage Rate 2024 Ird

If you are a sole trader or qualifying close company and use the kilometre rate method to claim business vehicle costs, this new rate applies for the 2023 year, being the year. These operational statements provide further information on the use of the kilometre rates:

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