Kilometre rates for 2021- 2022 Income year

Kilometre rates for 2021- 2022 Income year.

The table below outlines the rates you can claim for business motors vehicle expenditure for the 2021-2022 income year.

The Tier 1 rate is a combination of your vehicle’s fixed and running costs for the business portion of the first 14,000 kilometres travelled by the vehicle in a year.

The Tier 2 rate is for running costs only. Use tier 2 for the business portion of any travel over 14,000 kilometres in a year.

Vehicle typeTier 1 rate per kmTier 2 rate per km
Petrol or diesel83 cents31 cents
Petrol hybrid83 cents18 cents
Electric83 cents10 cents

Learn more about using kilometre rates HERE

Learn more about Claiming Vehicle expenses HERE