WebFor New Zealand Mileage rates in the US: 65.5 cents per mile driven for business use 22 cents per mile driven for medical or moving purposes for qualified active-duty Armed … WebGiven the large increases in fuel prices in 2024, some employees may try to push employers to provide a higher reimbursement. By way of contrast, the tier 1 rate for …
New Zealand delivers record rate hike, flags 2024 recession
WebNew Zealand's Inland Revenue (IR) has just released its vehicle kilometre (km) rates for the 2024 income year, and it’s not good news, particularly for employers who will need to … WebThe new rate applies for persons whose business travel is 5,000 km or less in an income year. This year, separate rates have been introduced for hybrid and electric vehicles of 73 cents per km and 81 cents per km respectively. However, the mileage rate still does not apply in respect of motorcycles. holly channel on sirius
Vehicle expenses - ird.govt.nz
WebExisting Rate Temporary Enhanced Rate Agenda for Change Standard Rate of Annual Mileage up to 3,500 miles 56p 61p Agenda for Change Standard Rate of Annual Mileage over 3,500 miles 20p 25p Agenda for Change Motor Cycle and Reserve Rate 28p 31p Medical and Dental Standard rates up to 3,500 miles for engine capacities: 501cc … Web8 sep. 2024 · Taxation (Annual Rates for 2024–23, Platform Economy, and Remedial Matters) Bill (No 2) 164-3: Reported from the committee of the whole House on 14 March … Web27 jan. 2024 · Beginning January 1, 2024, standard mileage rates for car usage (including vans, pickups, or panel trucks) will be: 58.5 cents per mile driven for business use. This is an increase of 2.5 cents from the 2024 rate. 18 cents per mile driven for medical or moving purposes for qualified active-duty members of the Armed Forces. holly chamberlain salem