2025 Mileage Rate Nz 2025
2025 Mileage Rate Nz 2025. Anyone from ird knows when the 2025 mileage rates come out. This new rate applies for the 2025 year (i.e., 1 april 2023โ31 march 2025, assuming a standard balance date).
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, 1 april. If you are a sole trader or qualifying close company and use the kilometer rate method to claim business vehicle costs, this new rate applies for the 2023 year, being the year.