Ird Mileage Rate Nz 2024. 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. Inland revenue has advised the new mileage rate for motor vehicles is 77 cents per kilometre.

Hence, a small car up to 1.5 litre is 53.2c. Income and cash asset limits.