Australia Mileage Rate 2024. The cents per kilometre deduction rate for motor vehicle expenses is now 85 cents per kilometre, commencing 1 july 2023. To work out your eligibility and entitlement, see expenses for a car you own or lease.
Find out the ato rates for 23/24 for meals and travel. The new tax year is starting on july 1st, and the ato has announced the new cents per km rates for the 2023/2024 year.
Tax Rates For Australian Residents For Income Years From 2024 Back To 1984.
The cents per kilometre deduction rate for motor vehicle expenses is now 85 cents per kilometre, commencing 1 july 2023.
Rates For Fuel Acquired From 5 February 2024 To 30 June 2024;
Use 78 cents per kilometre.
Used In Heavy Vehicles For Travelling On Public Roads (See Note 1) All Other.
Images References :
95 Cents Per Kilometer For.
The mileage rate includes all vehicle running expenses and depreciation, such as registration, fuel, servicing and insurance.
Learn How You Can Apply These.
For rates higher than the atoโs standard per kilometre rate, the.