Mileage Allowance 2024 Nz. Guidance on the interaction between fbt and paye where employers provide transport rather than an allowance (e.g. 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 2024 year, that is, 1 april.

These rates are guided and established. The tier 1 rates reflect an overall increase in vehicle running costs largely due to fuel costs.