Fringe Benefit Tax (FBT):

Fringe benefit tax (FBT) is a tax on benefits that employees receive as a result of their employment, including those benefits provided through someone other than an employer.

The four main categories of fringe benefits are:

• motor vehicles
• low-interest loans other than low-interest loans provided by life insurance companies
• free, subsidized or discounted goods and services, including subsidized transport for employers in the public transport business
• employer contributions to sick, accident or death benefit funds, superannuation schemes and specified insurance policies

Find out more information on the main categories of Fringe Benefit Tax on the IRD website.