If you’re an employer, and you provide benefits to your employees that are additional to their salary or wage, such as personal use of a company vehicle, you need to pay tax on these. This type of tax is called Fringe Benefit Tax (FBT).
When to file your FBT return
You need to file quarterly returns unless you’re eligible for, and actively choose, to file your returns annually. The table below outlines the next filing and payment due dates for each FBT quarter.
Filing your FBT return
You can complete your FBT return online through myIR – Inland Revenue’s online services website. Filing through myIR is fast and simple, as the system already has your details on file and will do most of the calculations for you. Visit https://www.ird.govt.nz to access the myIR login page.
As a business, it is important to file your tax returns correctly and on-time. Talk to us today about how we can help you.
Your Outside Team
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Aside from business consultation, we
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who offer accounting, bookkeeping, payroll services designed to
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Address: Level 2, 182 Vivian Street,
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Mail: PO Box 24-457, Wellington 6142
Phone: 04 889 2975
If you run a business in Wellington, it’s time to double-check that your payroll systems are up to date. As of 1 April 2025, the minimum wage in New Zealand has increased, and failing to adjust your systems could lead to non-compliance and financial penalties.
On 1 April 2025, the New Zealand minimum wage increased, and it’s crucial for Wellington business owners to ensure their payroll systems and employee records are up to date. Failing to comply can result in costly penalties and damage to your reputation — not to mention disgruntled staff.
Creating and maintaining a solid business budget is one of the most effective ways to manage your finances and drive business growth. For businesses in Wellington, budgeting isn’t just about predicting income and expenses — it’s a vital strategic tool that gives you control, clarity, and confidence.
From 1 April 2025, New Zealand’s minimum wage will increase, impacting businesses across the country. As an employer, it’s essential to understand how these changes affect your payroll, budgeting, and overall business operations. Here’s what you need to know to stay compliant and prepared.
The good news? There are practical steps you can take to regain control of your time and create a healthier work-life balance.
You started your business to enjoy the freedom of being your own boss — yet somehow, you’re working longer hours and feeling overwhelmed with admin, meetings, and constant demands.
The good news? There are practical steps you can take to regain control of your time and create a healthier work-life balance.
With 31 March fast approaching, now’s the perfect time to prepare for the end of the financial year. Acting early can save you time, reduce stress, and ensure your business is ready to thrive in 2025. If you’d like a checklist to guide you through the process, reach out — we’re here to help.
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