Mileage Rate 2024 Nz. Believe it was early may last year for the 2023 rates. The table below outlines the rates you can claim for business motors vehicle expenditure for the 2024 income year.

This new rate applies for the 2024 year (i.e., 1 april 2023—31 march 2024, assuming a standard balance date). The rates set out below apply for the 2023/2024 income year for business motor vehicle expenditure claims.