The mileage rate has been set at 74 cents per km for both petrol and diesel vehicles from 1 April 2014.
This rate doesn't apply to motor cycles, hybrid and/or electric motor vehicles.
In most cases returns won't be amended for taxpayers who have already filed their 2015 returns using the 2014 mileage rate.
The Business Advisory Blog
The Business Advisory Blog
Insight, news and updates from Alliott NZ Chartered Accountants, Auckland New Zealand. The views expressed here are the views of the author and should be discussed in further detail should an article be relevant to your individual circumstances.
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