Kilometer Rate 2024 Nz. 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. Use the tier 1 rate for the business portion of the first 14,000 kilometres travelled by the vehicle in a year.
The calculations are based on the first 5. For distances greater than 5,000 km, you must keep a record of.
