Attention employers! If you provide additional benefits to your employees, such as the personal use of a company vehicle, it’s crucial to pay the necessary tax on these benefits. This tax is known as Fringe Benefit Tax (FBT).
To comply with FBT regulations, you must file your returns on a quarterly basis, unless you qualify for and actively choose annual filing. Refer to the table below for the upcoming filing and payment due dates for each FBT quarter.
Streamline your FBT return process by completing it online through myIR, Inland Revenue’s user-friendly online services platform. With your information already on file, myIR will handle most of the calculations for you, saving you time and effort. Access the myIR login page at https://www.ird.govt.nz to get started.
As a business, it’s essential to file your tax returns accurately and punctually. Reach out to us today and discover how our expertise can assist you in meeting your tax obligations.
Don’t let your FBT return deadline pass you by – take action now to fulfill your tax responsibilities.
Your Outside Team
Need a bit of assistance with your
business? Contact an Outside Accounting team member today and learn more about
our fixed fees. You won’t regret it.
Aside from business consultation, we are business accountants Wellington who
offer accounting, bookkeeping, payroll services designed to
help you achieve greater financial success.
You can click here to speak to a business, accounting and bookkeeping firm. We will give you a call to know more
about your needs. We will explain to you how we can improve your business.
Address: Level 2, 182 Vivian Street,
Te Aro, Wellington 6011, New Zealand
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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