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New Zealand Notification Effective 1st April 2024 Car

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Disclaimer: “Managed Rate Administration is a licensed service offered by SAP Concur with a recurring fee. The rate updates posted are for informational purposes. If you are an MRA customer, please open a ticket with support (with MRA in the subject line) to request the specific rate update. If you would like more information about licensing the service, please contact your SAP Concur Account Executive. Information about the service, please click here."

 

Dear administrator,

 

New Zealand has recently advised of a change to the Personal Car mileage reimbursement rates effective April 01, 2024.

 

Details can be found on:

Kilometre rates 2023-2024 (ird.govt.nz) published on 30th May 2024

 

Summary of changes:

 

Effective Date

Criteria

Rate 0 to 14,000

Rate over 14,000

01 Apr 2024

Petrol

1.04 NZD (previously 0.95)

0.35 NZD (previously 0.34)

01 Apr 2024

Diesel

1.04 NZD (previously 0.95)

0.35 NZD (previously 0.34)

01 Apr 2024

Electric

1.04 NZD (previously 0.95)

0.12 NZD (previously 0.11)

01 Apr 2024

Petrol Hybrid

1.04 NZD (previously 0.95)

0.21 NZD (previously 0.20)

 

Note: Please disregard these updates/changes if they do not apply to your SAP Concur configuration. Do not reply to this message. If these updates/changes apply to your configuration or you have questions, please, raise a Support case for MRA Team (Steps here)

 

If you are using the Travel Allowance and / or Mileage Service, please check the status of the Rate Update here (Regulatory Change Manager (cloud.sap)

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