Standard Mileage Rate 2024 Nz. The standard mileage 2024, important for calculating deductible prices connected with operating vehicles for different aims, are effective from 1 st january 2024. Current levy rate (until 30 november 2024) $ (gst exclusive) proposed levy rate (1 december 2024 to 30 june 2027) $ (gst exclusive) proposed levy rate (1 december.
Use the tier two rate for the business portion of any travel over 14,000 kms in a year. The rates set out below apply for the 2023/2024 income year for business motor vehicle expenditure claims.