Mileage Rate 2024 New Zealand Calculator. The current approved payment is $.635 (63.5 cents) per kilometre. The rates are $1.04 for petrol, diesel, hybrid and electric vehicles.
The rates set out below apply for the 2023/2024 income year for business motor vehicle expenditure claims. This new rate applies for the 2024 year (i.e., 1 april 2023โ31 march 2024, assuming a standard balance date).