Mileage Rate 2024 Australia

Mileage Rate 2024 Australia. This year, the irs raised the standard mileage rate for 2024 to 67 cents per mile, which is 1.5 cents more than the previous year’s rate of 65.5 cents per mile. 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.

You can use this rate to claim. The motor vehicle exempt rate is aligned with the rate determined by the federal commissioner of taxation for the.