Mileage Rate 2024 New Zealand Travel. The rates set out below apply for the 2023/2024 income year for business motor vehicle expenditure claims. 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.

You can pay a cash allowance to an employee for travel between home and work. * airplane nautical miles (nms) should be converted into statute miles (sms) or.