Kilometer Rate 2025 Nz

Kilometer Rate 2025 Nz. Ird Per Km Rate 2024 Dolly Cinderella The Tier Two rate is applied to any travel over 14,000 kilometres in a tax year. Here's the breakdown for the 2025-2026 income year: Vehicle Type Tier 1 Rate per km Tier 2 Rate per km; Petrol or Diesel: $1.04: $0.35: Petrol Hybrid: $1.04: $0.21: Electric: $1.04: $0.12: What's the Difference Between Tier 1 and Tier 2?

Kilometer Rate 2025 Nz Isaac Gray
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The Tier Two rate is applied to any travel over 14,000 kilometres in a tax year. This is done at least once per year and the rates are set retrospectively to reflect vehicle operating costs likely incurred for the previous income year (i.e

Kilometer Rate 2025 Nz Isaac Gray

Our Hamilton Public Counter will be closed from Monday 3 March 2025 and re-opens on Monday 17 March 2025 (Annual Rates for 2024-25, Emergency Response, and Remedial Measures) Bill, cls 105(7) and (37), and 200 E.g if you own a petrol vehicle and travel a total of 30,000 km in the year and, based on your logbook, 70% of your travel is related to business.

Ird Mileage Rate 2025 Nz Allan M. Monroe. (Annual Rates for 2024-25, Emergency Response, and Remedial Measures) Bill, cls 105(7) and (37), and 200 IS 25/01 FS This fact sheet accompanies IS 25/01, which considers who can claim income tax deductions

Ird Per Km Rate 2024 Dolly Cinderella. This is done at least once per year and the rates are set retrospectively to reflect vehicle operating costs likely incurred for the previous income year (i.e The Tier 1 rate is a combination of your vehicle's fixed and running costs