Updated Kilometre rates have been released.
The table of rates for the 2022 income year
The Tier Two rate is for running costs only. Use the Tier Two rate for the business portion of any travel over 14,000 kms in a year.
Vehicle Type | Tier One Rate | Tier Two Rate |
Petrol or Diesel | 83 cents | 31 cents |
Petrol Hybrid | 83 cents | 18 cents |
Electric | 83 cents | 10 cents |