Current Mileage Rate For 2025 Nz

Current Mileage Rate For 2025 Nz. Sole traders or qualifying close companies can use the kilometer rate method to claim business vehicle costs; 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 2025 year, that is,.

The tier one rates reflect a decrease in overall vehicle costs largely. Inland revenue has advised the new mileage rate for motor vehicles is 77 cents per kilometre.