Ernesto B Goodman

Ird Mileage Rate 2025 Nz. Every year the commissioner of the inland revenue sets the motor vehicle kilometre expense rates for businesses. Tier 1 rates have reduced to reflect.

Section de 12 (3) requires that the commissioner sets a mileage rate that taxpayers may use to calculate the expenditure or loss on a motor vehicle that represents the proportion. This year you may have missed the publication.