Mileage Rate 2024 Australia

Mileage Rate 2024 Australia. The simplest mileage reimbursement arrangement is to use a flat rate per kilometre driven. The mileage rate includes all vehicle running expenses and depreciation, such as registration, fuel, servicing and insurance.

The motor vehicle exempt rate is aligned with the rate determined by the federal commissioner of. If you’re using the cents per kilometre method use this rate in income year 2024.