If your company uses a vehicle for work purposes, you have two main options to claim expenses in New Zealand: 1. Actual Costs Method - Track fuel, repairs, insurance, depreciation - Must keep full receipts and logbooks 2. Kilometre Rate Method - Use IRD-approved cents-per-km rates - Easier to manage for small businesses Each method has pros and cons. Actual costs may yield higher deductions, but kilometre rates are simpler to maintain. Want to know which suits your business? Let’s run the numbers together.