Ird Mileage Rate 2024

Ird Mileage Rate 2024. Ird numbers ngā tau ird; The standard mileage rate will increase to 67¢ per mile for business miles driven beginning january 1, 2024, up from 65.5¢ in 2023.

Individuals who are reporting this deduction will have to factor this change into their. The cra has a standard mileage rate of $0.70 per kilometre for the first 5,000 kilometres driven each year;